UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 5, 2012
Intrepid Potash, Inc.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-34025 |
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26-1501877 |
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(State or other jurisdiction of incorporation) |
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(Commission file number) |
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(IRS employer identification no.) |
707 17th Street, Suite 4200
Denver, Colorado 80202
(Address of principal executive offices, including zip code)
(303) 296-3006
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
David W. Honeyfield, President and Chief Financial Officer of Intrepid Potash, Inc. (“Intrepid,” “we,” “us,” or “our”), today repeated Intrepid’s views relating to its East facility in Carlsbad, New Mexico. He stated that Intrepid continues to implement its previously disclosed long-term improvement plan that was established in response to the production challenges at the East facility. The improvement plan is expected to continue through 2012 and into 2013. This plan includes the ongoing commissioning process of the Langbeinite Recovery Improvement Project (“LRIP”), which is designed to increase Trio® recovery and result in an increase in estimated Trio® production capacity of up to 120,000 additional tons per year. Achievement of the designed production capacity gain is dependent on a number of factors, including the successful completion of the LRIP commissioning process, operating throughput rates, recoveries, mining rates, and the amount of development work we perform. Intrepid has not determined its production outlook for 2013 and expects to release that information in the first quarter of 2013.
In addition, Intrepid updated its investor presentation materials. A copy of these materials is furnished as Exhibit 99.1 to this report. We use these materials from time to time in our conversations with investors, analysts, and other interested parties.
We routinely post important information about our business, including information about upcoming investor presentations, on our website under the Investor Relations tab. We encourage investors and other interested parties to enroll on our website to receive automatic email alerts or Really Simple Syndication (RSS) feeds regarding new postings. Our website address is www.intrepidpotash.com.
In accordance with General Instruction B.2 of Form 8-K, the information in this report, including Exhibit 99.1, will not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and will not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in that filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
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Description |
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99.1 |
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Intrepid Potash, Inc. Investor Presentation |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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INTREPID POTASH, INC. | |
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Dated: October 5, 2012 |
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By: |
/s/ Martin D. Litt |
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Martin D. Litt |
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Executive Vice President, General Counsel and Secretary |