Intrepid Potash

28.88

-1.0300-3.44%

Post-market: 28.79-0.0900-0.31%19:24 EDT

Volume:188.86K

Turnover:5.45M

Market Cap:381.97M

PE:-8.59

High:29.57

Open:28.42

Low:28.10

Close:29.91

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Beyond its industrial uses, magnesium is essential to U.S. national security, as it supports critical sectors such as aerospace, defense, and steel production.The automotive sector is one of the top magnesium consumers, owing to its lightweight properties, helping enhance fuel efficiency and vehicle performance. Top automakers have already started to use magnesium instead of steel and aluminum in several components, according tothe International Magnesium Association. For example, a magnesium alloy wheel can reduce weight by 32% compared to aluminum. 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