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Compass Minerals International, inc (CMP) Q2 2021 Earnings Call Transcript

Compass Minerals International, inc (CMP) Q2 2021 Earnings Call Transcript
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The Big News That Sent Compass Minerals Stock Soaring Today

The Big News That Sent Compass Minerals Stock Soaring Today
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Compass Minerals Identifies 2.4 MMT Lithium Resource at Utah Solar Evaporation Site

Compass Minerals Identifies 2.4 MMT Lithium Resource at Utah Solar Evaporation Site
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Compass Minerals International Inc (CMP) Q1 2021 Earnings Call Transcript

Operator
Welcome to the Compass Minerals First Quarter 2021 Earnings Conference Call. Your host, Douglas Kris, Senior Director of Investor Relations.
Douglas A. Kris
Senior Director of Investor Relations
Good morning, and welcome to the Compass Minerals First Quarter 2021 Earnings Conference Call. Today, we discuss our recent results and our outlook for the balance of 2021. We will begin with prepared remarks from our President and CEO, Kevin Crutchfield; and our CFO, Jamie Standen. Joining in for the Q&A session are Brad Griffith, our Chief Commercial Officer; as well as George Schuller, our Chief Operations Officer. Before we get started, I will remind everyone that remarks made today represent our view of financial and operational outlooks as of today s date, May 5, 2021. These expectations involve risks and uncertainties that could cause the company s actual results to differ materially. A discussion of these results can be found in our filings with the SEC ....

United States , United Kingdom , Douglas Kris , Vincent Anderson , Jamie Standen , Douglasa Kris , Mark Connelly , Mark Connelly Stephens , Kevins Crutchfield , Chris Shaw , George Schuller , Kevin Crutchfield , Seth Goldstein , Seth Goldstein Morningstar , Vincent Anderson Stifel , Joel Jackson , Chris Shaw Monness , Brad Griffith , Amy Yoder , Compass Minerals First Quarter , Compass Minerals International Inc , Compass Minerals , Koch Agronomic Services , Senior Director , Chief Commercial Officer , Chief Operations ,

Compass Minerals sells North America micronutrient assets to Koch

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Compass Minerals has entered into a definitive agreement to sell certain of its North America micronutrient assets to Koch Agronomic Services, LLC (Koch), a subsidiary of Koch Industries, for approximately US$60.25 million, payable at closing and subject to a closing inventory adjustment.
The transaction represents another strategic step by Compass Minerals to optimise its asset portfolio to focus on the company’s core operations. This includes three location-advantaged salt mines in North America and the UK, a number of North American production and packaging facilities, and solar evaporation operations on the Great Salt Lake, Utah, US, that produce the majority of the company’s sulfate of potash, marketed as Protassium+ ....

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