Intercontinental Potash Corporation is an emerging potassium sulphate producer with assets in southern New Mexico. The company is currently developing its Ochoa project with current resources of nearly 400m tons of polyhalite, which will be used as a feedstock to produce Sulphate of Potash. Sulphate of Potash, also known as "SOP" or Potassium Sulphate, is a premium quality and premium priced potash. The market for SOP is approximately 4 million tonnes per year. SOP is used as a significant alternative fertilizer to sylvite (Muriate of Potash or "MOP"), particularly in those situations where the chloride in MOP is not attractive for the growth of crops. Chloride sensitive crops include fruits, vegetables, tobacco, potatoes and horticultural plants.