Intrepid Announces Release of Inaugural Sustainability Report
Denver, CO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid," "we," or "our") (NYSE:IPI) today announced the release of its Inaugural Sustainability Report.
Inaugural Sustainability Report
Intrepid’s Inaugural Sustainability Report (“Report”) provides an overview of our sustainability efforts and Environmental, Social, and Governance (“ESG”) initiatives. The Report builds on our ESG progress after establishing the Environmental, Health, Safety, and Sustainability Committee as one of our Board committees in December 2022. The Report can be accessed at
Management Commentary
Bob Jornayvaz, Intrepid's Executive Chairman and CEO commented: “Since our inception, being a responsible environmental steward and positive community member has always been at the core of our values and operations, and it is with great pleasure that I present our Inaugural Sustainability Report. We are proud to produce and deliver fertilizer products that have high societal value while doing so in the most sustainable manner possible, and even more proud to routinely be recognized as a leader in mining safety. We remain committed to developing a comprehensive sustainability program and look forward to sharing our progress and achievements in future reports.”
About Intrepid
Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. Intrepid is the only U.S. producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio®, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. Intrepid also provides water, magnesium chloride, brine, and various oilfield services.
Intrepid serves diverse customers in markets where a logistical advantage exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production. Intrepid’s mineral production comes from three solar solution potash facilities and one conventional underground Trio® mine.
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Forward-Looking Statements
This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause our actual results in future periods to differ materially from anticipated or projected results. Forward-looking statements in this press release include, among others, statements regarding our sustainability and ESG programs, goals, and commitments. An extensive list of specific material risks and uncertainties affecting Intrepid is contained in our Annual Report on Form 10-K for the year ended December 31, 2022, and other quarterly and current reports filed with the Securities and Exchange Commission from time to time. Any forward-looking statements in this press release are made as of the date of this press release, and Intrepid undertakes no obligation to update or revise any forward-looking statements to reflect new information or events.
Contact
Evan Mapes, CFA, Investor Relations Manager
Phone: 303-996-3042
Email:
