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The Permian Basin deposit includes the major mines outside of Carlsbad, New Mexico, to the world's purest potash deposit in Lea County, New Mexico (near the Carlsbad deposits), which is believed to be roughly 80% pure.
Early studies by Udden, and the presence of potash in the Santa Rita well between 1100 and 1700 feet, led to the United States Geological Survey exploring the area in search of potash, which was highly important during World War I as the US could no longer import it from Germany. By the mid 1960s, seven potash mines were operating on the New ...
Intrepid Potash, Inc. (NYSE: IPI), based in Denver, Colorado, is a fertilizer manufacturer. The company is the largest producer of potassium chloride, also known as muriate of potash, in the United States. [1] It owns three mines, all in the Western U.S., near the cities of Carlsbad, New Mexico, Moab, Utah, and Wendover, Utah. [2]
This is accomplished by issuing permits to mining companies, inspecting mining operations, reclaiming abandoned mines, and education members of the public about mining. New Mexico heavily benefits from mined natural resources such as oil, copper, coal, petroleum, potash, molybdenum, uranium, gold, silver, and lead. [3]
Located in the southeastern part of New Mexico, Carlsbad straddles the Pecos River and sits at the eastern edge of the Guadalupe Mountains. Carlsbad is a hub for potash mining, petroleum production, and tourism.
By earliest Permian time, during the Wolfcampian Epoch, the ovoid shaped subsiding Delaware Basin extended over 10,000 square miles (26,000 km 2) in what is now western Texas and southeast New Mexico. [1]: 193§1 This period of deposition left a thickness of 1,600 to 2,200 feet (490 to 670 m) of limestone interbedded with dark-colored shale.
Koch Industries talks with its money. Lately it's been talking a lot about its interest in this American company— Intrepid Potash . As of September 30, it owns 5.2 million shares, or 6.9% of the ...
It occurs in sedimentary marine evaporites and is a major potassium ore mineral in the Carlsbad deposits of New Mexico. It is also present as a 2–3% contaminant of Himalayan salt. The only deposit currently being mined lies under North Yorkshire, UK, extending under the adjacent North Sea.