Icl

The Rotem Amfert Negev plant, which employs thousands of workers in the south, is at a crossroads after appeals against the phosphogypsum reservoir expansion plan were referred to the National Planning and Building Council.

Mineral company ICL beat analysts' forecasts, reporting a 35% increase in adjusted net profit. Delta Galil nearly doubled its net profit, driven in part by a customs refund from US authorities.

ICL reported strong Q2 results, with operating profit rising 47% to $266 million and net profit jumping 47% to $137 million. The growth was driven by higher potash prices and increased sales volumes.

The mineral industry giant, one of the largest stocks on the Tel Aviv Stock Exchange, concludes a strong quarter, announcing a growth-oriented reorganization and a cost-saving program exceeding $350 million.