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Intrepid Potash Awarded $139M for Carlsbad Fertilizer Facility

The federal government awarded Intrepid Potash $139 million to help build a $265 million sulfate of potash fertilizer facility near Carlsbad. The project could produce 220,000 tons annually, support domestic fertilizer supplies and create regional jobs, though Intrepid is still evaluating its viability, timeline and final investment decision.

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Carlsbad Current Argus broke the news on Thursday, November 5, 2026.
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