IC Potash Corp.

IC Potash Corp. has demonstrated a low-cost method for producing potassium sulfate, also known as sulphate of potash or SOP, from its 100%-owned Ochoa polyhalite deposit in southeastern New Mexico. SOP is the preferred potassium fertilizer for high-value crops—fruits, vegetables, coffee beans, nuts, potatoes and tobacco—and for use in soils that are salty, sandy or located in arid regions. The company has concluded an independent feasibility study that recommends it move forward to implementation, and has received a Record of Decision from the Bureau of Land Management that authorizes construction and operation of the mine and mill.