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In a first-ever deal, mineral extractor will use less Great Salt Lake water — and pay less in taxes

Compass Minerals will pay a lower severance tax on the minerals it extracts to create plant nutrients and other products.

(Leah Hogsten | The Salt Lake Tribune) Aerial photographs of Compass Minerals in Ogden, Utah on April 11, 2022. Compass Minerals produces salt, plant nutrients and magnesium chloride for application primarily in North America. The company on Tuesday agreed to save water in the Great Salt Lake in exchange for paying a lower severance tax on the minerals it extracts.