Compass Minerals in $252 Million Strategic Equity Investment Partnership With KM&T
September 14, 2022
Cleary Gottlieb is representing Compass Minerals, which announced that Koch Minerals & Trading LLC (KM&T) has agreed to make a $252 million investment in Compass Minerals through the purchase of its common stock to support phase-one development of its previously identified 2.4 mMT lithium carbonate equivalent Great Salt Lake resource and debt reduction.
Compass Minerals is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. KM&T is a diverse global trading, logistics, and investment company, and subsidiary of Koch Industries Inc.
For more information, please see the press release here.