Intrepid Potash to resume production at New Mexico unit

- May 20th, 2010

Intrepid Potash Inc (IPI.N) reported that it is working to resume full staffing and production at its Carlsbad, New Mexico facility, it said in a regulatory filing with the U.S. Securities and Exchange Commission.

Intrepid Potash Inc (IPI.N) reported that it is working to resume full staffing and production at its Carlsbad, New Mexico facility, it said in a regulatory filing with the U.S. Securities and Exchange Commission.

The press release is quoted as saying:

In Dec 2009, Intrepid experienced a substantial production disruption at its Carlsbad, East surface facility as a result of sub-freezing temperatures in the region. As a result, Intrepid estimated that potash production at the facility would be limited to about 2,000 tons of saleable product in December, a nearly 90 percent fall from historical average monthly potash production at the unit.

Click here to access the entire press release

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