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Intrepid, Aquatech, and Adionics Progress in Their Partnership to Develop a Lithium Project in Utah Supporting the Supply of National Critical Minerals
Intrepid Potash, Inc. ("Intrepid", "our", or "we") (NYSE:IPI), Aquatech International, LLC ("Aquatech"), and Adionics today announce progress on their lithium development project in Wendover, Utah, with the successful completion of test work to produce a battery-grade lithium carbonate from byproduct brine at Intrepid's Wendover, Utah potash facility.
About this update from Intrepid Potash, Inc
[{"type":"text","content":"DENVER and CANONSBURG, Pa., Jan. 5, 2026 /PRNewswire/ -- Intrepid Potash, Inc. ("Intrepid", "our", or "we") (NYSE:IPI), Aquatech International, LLC ("Aquatech"), and Adionics today announce progress on their lithium development project in Wendover, Utah, with the successful completion of test work to produce a battery-grade lithium carbonate from byproduct brine at Intrepid's Wendover, Utah potash facility.","length":459,"tagName":"p"},{"type":"image","alt":"Aquatech Logo (PRNewsfoto/Aquatech)","displaySize":"","headline":null,"caption":"Aquatech Logo (PRNewsfoto/Aquatech)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":273,"url":"https://media.zenfs.com/en/prnewswire.com/49ac6bd484258155c6b86109fff2c27a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uno8xKQqZsnO4rBzTlmDzA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ4MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/49ac6bd484258155c6b86109fff2c27a","width":400,"height":273}},"href":"https://mma.prnewswire.com/media/2533025/Aquatech_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Test Results Demonstrate Ability to Convert Brine to Battery-Grade Lithium Carbonate ","length":84,"tagName":"p"},{"type":"text","content":"The potential to develop a lithium processing facility in Wendover, Utah has continued to progress as Adionics and Aquatech successfully produced battery-grade lithium carbonate in a demonstration test of Intrepid's Wendover brine. The testing results achieved a lithium extraction rate of 92.9%, producing an overall lithium chloride purity above 99.5%. The lithium that was produced from Adionics' facility was further processed by Aquatech to validate the conversion and refining to battery-grade lithium carbonate. In additional testing, Aquatech successfully converted the lithium-rich brine to a ≥99.5% lithium carbonate product, meeting key specifications for battery manufacturing. With the successful testing results, the parties will continue to move forward under the current Joint Development Agreement ("JDA") with their evaluation of a lithium facility in Wendover.","length":897,"tagName":"p"},{"type":"text","content":"Kevin Crutchfield, Intrepid's Chief Executive Officer, commented: "We are very excited to partner with A...