2.01 SDfalse0001421461Intrepid Potash, Inc.USDNRipi:IpnmHbSolutionMineMembercountry:USipi:FederalGovernmentMemberipi:SylviniteMemberrxp:Royaltiesipi:IpnmHbSolutionMineMembercountry:USipi:FederalGovernmentMemberipi:SaltMemberrxp:Royaltiesipi:IpnmHbSolutionMineMembercountry:USipi:FederalGovernmentMemberipi:MagnesiumChlorideMemberrxp:Royaltiesipi:IpnmEastMineMembercountry:USipi:FederalGovernmentMemberipi:LangbeiniteMemberUnderground Miningrxp:Royaltiesipi:IpnmEastMineMembercountry:USipi:FederalGovernmentMemberipi:SaltMemberrxp:Royaltiesipi:IpnmWestMineMembercountry:USipi:FederalGovernmentMemberipi:SylviniteMemberUnderground Miningrxp:Royaltiesipi:MoabMineMembercountry:USipi:FederalGovernmentMemberipi:SylviniteMemberrxp:Royaltiesipi:WendoverMineMembercountry:USipi:FederalGovernmentMemberipi:SylviniteMemberrxp:Royaltiesipi:WendoverMineMembercountry:USipi:FederalGovernmentMemberipi:SaltMemberrxp:Royaltiesipi:WendoverMineMembercountry:USipi:FederalGovernmentMemberipi:MagnesiumChlorideMemberrxp:Royalties22520752252075290830029083001116871116872540492540490001421461country:USipi:FederalGovernmentMember2024-01-012024-12-310001421461ipi:WendoverMineMember2024-01-012024-12-310001421461ipi:IpnmWestMineMember2024-01-012024-12-310001421461ipi:IpnmHbSolutionMineMember2024-01-012024-12-310001421461ipi:IpnmEastMineMember2024-01-012024-12-31000142146192024-01-012024-12-31000142146182024-01-012024-12-31000142146172024-01-012024-12-31000142146162024-01-012024-12-31000142146152024-01-012024-12-31000142146142024-01-012024-12-31000142146132024-01-012024-12-31000142146122024-01-012024-12-310001421461102024-01-012024-12-31000142146112024-01-012024-12-3100014214612024-01-012024-12-31iso4217:USD

Exhibit 2.01

Graphic

Resource Extraction Payment Report

Project-Level Disclosure

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2024, by project and type of payment.

For the year ended December 31, 2024

Project Name

    

Country/ Major
Subnational
Jurisdiction

    

Government

    

Resource

    

Extraction
Method

    

Taxes (1)

    

Royalties

    

Fees

    

Production
Entitlements

    

Bonuses

    

Dividends

    

Payments for
infrastructure
improvements

    

Community and
social responsibility
payments

    

Total

IPNM HB Solution Mine

U.S

Federal Government

Sylvinite

Solar Solution

$

$

1,548,768

$

$

$

$

$

$

$

1,548,768

IPNM HB Solution Mine

U.S

Federal Government

Salt

Solar Solution

700,636

700,636

IPNM HB Solution Mine

U.S

Federal Government

Magnesium Chloride

Solar Solution

2,671

2,671

IPNM East Mine

U.S

Federal Government

Langbeinite

Underground

2,885,835

2,885,835

IPNM East Mine

U.S

Federal Government

Salt

22,465

22,465

IPNM West Mine

U.S

Federal Government

Sylvinite

Underground

111,687

111,687

Moab Mine

U.S

Federal Government

Sylvinite

Solar Solution

Wendover Mine

U.S

Federal Government

Sylvinite

Solar Solution

185,281

185,281

Wendover Mine

U.S

Federal Government

Salt

Solar Solution

4,109

4,109

Wendover Mine

U.S

Federal Government

Magnesium Chloride

Solar Solution

64,659

64,659

$

5,526,111

$

5,526,111

GovernmentLevel Disclosure

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2024, by government and type of payment.

    

For the year ended December 31, 2024

Country/ Major
Subnational
Jurisdiction

    

Government

    

Taxes (1)

    

Royalties

    

Fees

    

Production
Entitlements

    

Bonuses

    

Dividends

    

Payments for
infrastructure
improvements

    

Community 
and social
responsibility
payments

    

Total

U.S

Federal Government

$

$

5,526,111

$

$

$

$

$

$

$

5,526,111

(1)The Company files a consolidated income tax return in the U.S., which includes all entities of the Company. The U.S. Federal Government levies corporate income taxes at the consolidated group level rather than on a per-project basis. The Company did not make any U.S. federal tax payments during 2024. If the Company had made federal tax payments, such payments would not relate to a particular project, but the consolidated U.S. income of the Company.