Fertilizer production expansion program 2.0
Active Project Grant Awarded
- Award ID
- CLSS00000090738
- Recipient
-
Peak Minerals Inc. UEI J3B5AW7LKEY5
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $79,818,262
Award facts
- Assistance listing
- 10.383 Fertilizer Product Expansion Program
- Completion date 88% complete
- Place of performance
- Utah, USA
Award details come from USAspending.gov.
About this award
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $79,818,262 Project Grant under the Fertilizer Product Expansion Program (CFDA 10.383) to Peak Minerals Inc. on January 16, 2025. The purpose of this program is to expand production capacity, improve competition, and enhance supply chain resilience in the agricultural fertilizer and nutrient management sector. The grant funding will support Peak Minerals Inc.'s efforts to increase manufacturing and processing of fertilizer and nutrient alternatives, with a focus on nitrogen, phosphate, and potash fertilizers. Eligible activities include constructing new facilities, upgrading existing operations, purchasing equipment, and workforce development initiatives. The project has a performance period of 24 months, running through January 16, 2027.
Quick answers
Who received award CLSS00000090738?
CLSS00000090738 was awarded to Peak Minerals Inc. by Rural Business Cooperative Services (Washington Office) on January 16, 2025.
How much is award CLSS00000090738 worth?
$79,818,262 has been obligated on CLSS00000090738.
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