CMP

Compass Minerals International Inc. is a producer of essential minerals including salt, plant nutrients, and magnesium chloride used in consumer, agricultural, and industrial applications. The company operates through segments including Salt (highway deicing salt, consumer and industrial salt) and Plant Nutrition (sulfate of potash specialty fertilizer, micronutrients). Compass Minerals mines and produces rock salt, solar salt, and evaporated salt used for winter highway deicing, consumer water softening, food processing, and industrial applications. The company also produces specialty plant nutrition products serving organic and conventional agriculture. Founded in 1844 with salt mining operations and headquartered in Overland Park, Kansas, Compass Minerals owns significant salt production assets in North America and the UK. The company experiences earnings volatility from winter weather patterns affecting deicing salt demand and prices. Compass Minerals has faced challenges from high debt levels, operational issues, commodity price volatility, and weather-dependent revenues. The company benefits from essential products, established market positions, and barriers to entry including mineral resources and infrastructure. Compass Minerals continues to focus on operational improvements, debt reduction, and serving customer needs.