Intrepid Potash Advances Lithium Extraction Project with 92.9% Yield
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
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Source: Newsfilter
- Lithium Extraction Breakthrough: Intrepid, in collaboration with Aquatech and Adionics, achieved a lithium extraction rate of 92.9% during testing at its Wendover, Utah facility, with lithium chloride purity exceeding 99.5%, indicating a significant step towards entering the lithium battery market and enhancing competitive positioning.
- Project Progress: Under the Joint Development Agreement, the parties aim to complete feasibility studies and detailed engineering for a 5,000 metric tonne lithium extraction facility by 2026, leveraging existing infrastructure to minimize capital exposure and expedite project advancement.
- Technological Edge: Adionics' liquid-liquid direct lithium extraction technology demonstrated high efficiency in recovering lithium from complex brine during tests, positioning Intrepid favorably in domestic lithium production to meet rising market demand.
- Strategic Collaboration: The partnership between Intrepid, Aquatech, and Adionics not only enhances lithium extraction efficiency but also establishes a foundation for the U.S. to lead in critical mineral production, reflecting the company's commitment to sustainability and resource utilization.
Analyst Views on IPI
Wall Street analysts forecast IPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IPI is USD with a low forecast of 23.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 31.390
Low
23.00
Averages
High
23.00
Current: 31.390
Low
23.00
Averages
High
23.00
About IPI
Intrepid Potash, Inc. is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products to customers in the agriculture, animal feed and the oil and gas industries. The Company's segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. It also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. It sells potash in three primary markets: the agricultural market as a fertilizer input, the animal feed market as a nutrient supplement, and the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes. Trio is a specialty fertilizer that delivers potassium, sulfur, and magnesium in a single particle. It sells water for industrial use in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
