# ICL Group Ltd. > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/fi/companies/ICL Group Ltd.). ## Overview ICL Group Ltd. is an Israel-based specialty minerals company that extracts and processes bromine, potash, phosphate and related mineral inputs for agricultural and industrial end markets. Its business combines mining, chemical processing and product formulation across a global network of operations serving customers in food, agriculture, electronics, water treatment and other industrial uses. ## Products & services • Potash fertilizers and plant nutrition products • Phosphate-based solutions and specialty fertilizers • Bromine and bromine derivative products • Specialty minerals for industrial and food uses • Water treatment, purification and desalination inputs • Growth solutions for agriculture and horticulture - **Industrial Products (Bromine)** (25%) — Bromine and bromine-based compounds used in industrial, electronics and specialty applications. - **Potash** (30%) — Potash mined and marketed for crop nutrition and fertilizer formulations. - **Phosphate Solutions** (25%) — Phosphate products and formulations used in agriculture and industrial end markets. - **Growing Solutions** (20%) — Specialty agriculture products, crop nutrition and horticulture solutions. - Potash fertilizers and plant nutrition products - Phosphate-based solutions and specialty fertilizers - Bromine and bromine derivative products - Specialty minerals for industrial and food uses - Water treatment, purification and desalination inputs - Growth solutions for agriculture and horticulture ## Customers ICL sells to customers in agriculture and industrial end markets, with products used by farmers, fertilizer distributors, food manufacturers and industrial processors. Its mineral-based inputs also serve electronics, water treatment, desalination, construction, detergents, cosmetics, pharmaceuticals and automotive applications. Demand is therefore driven by crop nutrition needs, industrial production cycles and the need for specialty mineral inputs. - **Agriculture customers** (primary) — Farmers, distributors and blenders buy potash, phosphate and growing-solution products to improve yields and soil nutrition. - **Industrial customers** (primary) — Industrial processors buy bromine and specialty minerals for flame retardants, purification and other applications. - **Food and ingredient customers** (secondary) — Food manufacturers use selected phosphate-based inputs and specialty mineral products in processing and formulation. - **Water and infrastructure customers** (secondary) — Water treatment and desalination operators purchase mineral-based inputs for purification processes. - Farmers and growers buying crop nutrition products - Agricultural distributors and fertilizer blenders - Food and ingredient customers using phosphate inputs - Industrial customers needing bromine and specialty minerals - Water treatment and desalination operators - Manufacturers in electronics, detergents and cosmetics ## Geography ICL operates globally, with a business model that links mineral extraction to worldwide sales into agriculture and industrial markets. The company is incorporated in Israel and headquartered in Tel Aviv, while its shares are dual listed on the NYSE and TASE. Its operating footprint is international, which exposes it to regional demand, logistics, energy and geopolitical conditions across multiple markets. - Headquartered in Tel Aviv, Israel - Dual listed on NYSE and TASE - Global sales into agriculture and industrial markets - Mineral extraction and processing footprint spans multiple regions - Geographic diversification helps balance end-market demand ## Strategy ICL focuses on specialty agriculture and food businesses while managing its bromine, potash and phosphate resource base as integrated growth platforms. The strategy is to use mineral access, processing know-how and formulation expertise to build differentiated products and improve the mix toward higher-value applications. - **Grow specialty agriculture solutions** (medium-term) — Specialty products can deepen customer relationships and diversify the portfolio beyond basic commodity minerals. - **Maximize value from bromine, potash and phosphate resources** (long-term) — Integrated control of mineral resources supports scale, supply reliability and product differentiation. - **Improve operational efficiency** (short-term) — Mining and chemical-processing businesses depend on utilization, logistics and cost discipline to remain competitive. - Expand specialty agriculture and food businesses - Use mineral resources to support integrated growth engines - Develop higher-value formulations and applications - Optimize core operations across mining and processing assets - Balance growth investments with disciplined resource management ## Risks ICL faces commodity-cycle and price risk because potash, phosphate and bromine markets can move with global supply-demand conditions. The company also has material operational and geopolitical exposure from its global mining and processing base, especially given its Israeli domicile and reliance on large industrial assets, energy, logistics and environmental permits. - **Commodity price volatility** [high] — ICL sells mineral-based products whose pricing depends on global supply-demand cycles. - **Operational disruption at mining and processing sites** [high] — The business depends on continuous operation of extraction, processing and logistics assets. - **Geopolitical and security exposure in Israel** [high] — The company is headquartered and incorporated in Israel and flags the security situation as a reportable issue. - **Environmental and regulatory compliance** [high] — Mining, chemical processing and water-related applications require permits, monitoring and remediation. - Potash, phosphate and bromine prices can be volatile - Mining and chemical operations carry asset reliability and maintenance risk - Global logistics and energy costs affect margins and delivery - Israel-linked geopolitical and security exposure can disrupt operations - Environmental and permitting rules are material for mineral producers ## Accounting ICL reports under IFRS and uses non-GAAP measures such as adjusted operating income and adjusted EBITDA, which can change how investors view underlying performance. Key judgment areas include derivative and hedge accounting, foreign currency translation, provisions, pension assumptions and asset impairments, all of which can move reported earnings and equity. The company also notes lease accounting under IFRS 16 and has disclosed fixed asset impairment, making long-lived asset valuation a relevant watch item. - **Non-GAAP adjusted EBITDA** — Can materially differ from IFRS profit and affect valuation multiples - **Derivative and hedge accounting** — Can affect reported income, OCI and period comparability - **Fixed asset impairment** — May create large non-cash charges in affected periods - **IFRS 16 leases** — Affects leverage presentation, depreciation and interest expense - Adjusted EBITDA and adjusted operating income exclude special items - Foreign currency translation and hedge accounting affect equity and income - Provisions and contingencies can change with operational or legal events - Fixed asset impairment can hit mining and processing assets - IFRS 16 lease balances affect debt-like obligations and EBITDA --- *Last updated: 2026-09-28T12:04:01.000183+00:00*