IC Potash Corp. is focused on becoming a global industry leader in the production and distribution of high quality, low cost specialty fertilizers. The parent company, IC Potash Corp., is incorporated in Canada and trades on the Toronto Stock Exchange under the symbol ICP. Operations are carried out in New Mexico and Colorado through a wholly-owned subsidiary, Intercontinental Potash Corp. (USA), a company incorporated under the laws of the State of Colorado.
ICP has concluded an independent Feasibility Study that recommends the Company move forward to implementation, and has received a Record of Decision from the U.S. Bureau of Land Management (BLM) that authorizes construction and operation of the mine and mill.
The Feasibility Study was prepared by a group of international independent engineers, chemists, geologists, and other industry experts led by SNC-Lavalin, a world leader in design and engineering for mining projects around the world, with specific expertise in potash.
The study, filed in March 2014, projects an economically viable mining and processing facility with the capacity and reserves to produce 714,400 tons per year for a minimum of 50 years. The study recommends that the Company move to implementation by:
In April 2014, the BLM published a Record of Decision authorizing ICP to construct and operate the Ochoa mine and mill, including all mining and processing facilities. The signed Record of Decision marks the final decision based on analysis described in the Environmental Impact Statement published in March 2014.