Intrepid Selected for USDA Matching Grant Award to Support Carlsbad Sulfate of Potash Project
Intrepid Potash was selected by the USDA for approximately $139 million in proposed matching funding under the FIELDS program to support a sulfate of potash manufacturing facility near Carlsbad, New Mexico. The planned facility would have annual capacity of about 220,000 tons and would add a new specialty fertilizer product alongside Trio® and potash.
Key figures
- Deal Value Usd
- 139000000
- Grant program
- USDA Fertilizer Investment & Expansion for Long-Term Domestic Supply (FIELDS)
- Matching funding proposed
- $139 million
- Annual production capacity tons
- 220000
- Final investment decision target
- late 2027
AI analysis
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