ICL signs potash supply deal with IPL India

ICL Group Ltd. reported a new potash supply agreement with long-term customer Indian Potash Limited, India’s largest potash importer.

Rhea-AI Filing Summary

ICL Group Ltd. reported a new potash supply agreement with long-term customer Indian Potash Limited, India’s largest potash importer. The deal covers 375,000 metric tons of potash over the coming year, with an option for an additional 50,000 metric tons, priced at $383 per ton on a CIFFO Indian ports basis, in line with current market prices in India.

The transaction sits within ICL’s existing five-year supply framework with IPL for 2022-2027, originally signed in March 2022. ICL highlights that actual quantities and delivery timing may change, as they are subject to contract terms and various factors described in its risk disclosures and forward-looking statements.

Insights

Commodities and contracts analyst

ICL secures another year of potash sales to key Indian buyer under existing 2022-2027 framework.

The agreement with Indian Potash Limited commits to supplying 375,000 metric tons of potash over the coming year, with an option for 50,000 additional tons, at $383 per ton CIFFO Indian ports. Pricing is aligned with prevailing market levels in India, suggesting this is a commercially standard, rather than exceptional, contract.

The deal is framed as part of a broader five-year agreement running from 2022 to 2027, reinforcing continuity with a major customer rather than opening a new market. The company cautions that quantities and timing can change due to contractual conditions and broader risk factors cited in its 2025 Form 20-F and future disclosures.

Key Figures

Base potash quantity: 375,000 metric tons Optional additional quantity: 50,000 metric tons Potash price: $383 per ton +3 more

6 metrics

Base potash quantity 375,000 metric tons Aggregate potash supply over the coming year to IPL

Optional additional quantity 50,000 metric tons Option for extra potash under the agreement

Potash price $383 per ton CIFFO Indian ports, in line with current Indian market price

Long-term agreement period 2022-2027 Five-year supply framework with Indian Potash Limited

Annual report reference year 2025 Form 20-F year-end cited for risk factors

Report date June 23, 2026 Date of the immediate report on the agreement

Key Terms

Form 6-K, Israeli Shelf Prospectus, CIFFO, forward-looking Statements, +1 more

5 terms

Form 6-K regulatory

"This report on Form 6-K shall be deemed to be incorporated by reference"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

Israeli Shelf Prospectus regulatory

"incorporated by reference into the Israeli Shelf Prospectus of ICL Group Ltd."

CIFFO financial

"current market price in India ($383 per ton CIFFO Indian ports)"

forward-looking Statements regulatory

"constitutes “forward-looking Statements” as defined in the Securities Law, 5728-1968"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Securities Law, 5728-1968 regulatory

"forward-looking Statements as defined in the Securities Law, 5728-1968"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What potash supply agreement did ICL (ICL) announce with Indian Potash Limited?

ICL agreed to supply potash to Indian Potash Limited over the coming year. The contract covers 375,000 metric tons, with an option for 50,000 additional tons, under an existing 2022-2027 framework between the two companies.

How much potash will ICL (ICL) supply to Indian Potash Limited and at what price?

ICL will supply 375,000 metric tons of potash, with an option for 50,000 extra tons. The contract price is $383 per ton on a CIFFO Indian ports basis, described as in line with current market prices in India.

How does the new ICL (ICL) potash deal relate to its long-term 2022-2027 agreement with IPL?

The new agreement operates within ICL’s five-year supply arrangement with Indian Potash Limited for 2022-2027. That overarching framework was signed in March 2022, and this annual deal sets specific quantities and pricing for the coming year.

What risks or uncertainties does ICL (ICL) highlight about the IPL potash supply agreement?

ICL notes that quantities, the optional 50,000 metric tons, and delivery timing under the agreement may change. These uncertainties are tied to contract terms and broader risk factors described in its Form 20-F and subsequent SEC disclosures.

Is the ICL (ICL) potash supply price fixed or tied to market levels in India?

The agreement states potash will be supplied at $383 per ton CIFFO Indian ports. ICL describes this price as in line with the current market price in India, indicating commercial alignment with prevailing local conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2026 - 04:11 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June, 2026

Commission File Number: 001-13742

ICL GROUP LTD.

(Exact name of registrant as specified in its charter)

ICL Group Ltd.

Landmark Tower

2 Leonardo Da Vinci Street

Tel Aviv 6473309

Israel

(972) 03-6844459

(Address of principal executive office)

Landmark Tower

13 HaArba'a Street

Tel Aviv 6473913

Israel

(Former name or former address, if changed since last report)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

ICL GROUP LTD.

This report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form S-8 (Registration Number: 333-205518) of ICL Group Ltd. and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. In addition, this report on Form 6-K shall be deemed to be incorporated by reference into the Israeli Shelf Prospectus of ICL Group Ltd. filed with the Israel Securities Authority and dated September 19, 2025 (Filing Number: 2025-02-070730) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

ICL GROUP LTD.

1. ICL Signs Agreement for the Supply of Potash to a Customer in India

Item 1

June 23, 2026

ICL Signs Agreement for the Supply of Potash to a Customer in India

ICL hereby announces that it has reached an agreement with its long-term customer, Indian Potash Limited (IPL), India’s largest importer of potash, to supply an aggregate of 375,000 metric tons of potash, with an option for additional 50,000 metric tons, to be supplied through in the coming year, at a price in line with the current market price in India ($383 per ton CIFFO Indian ports).

The agreement is within the framework of the five-year supply agreement with IPL for the years 2022-2027, which was signed in March 2022. For information regarding the long-term agreement with IPL (2022-2027), see the Company's announcements dated March 21, 2022, (Ref No.2022-02-032452).

Forward-Looking Statements

The information set forth in this immediate report, regarding the terms of the aforementioned supply Agreement, constitutes “forward-looking Statements” as defined in the Securities Law, 5728-1968, and may change and/or not materialize with respect to the supply quantities under the Agreement, the supply of the aforesaid option, or to the Company’s ability to supply the said quantities, as well as the periods and dates of supply under the Agreement, and in accordance with its terms. This information is based on information known to the Company as of this date, including estimates and forecasts whose realization depends, among other things, also on factors beyond the Company’s control, and therefore such information may change and/or not materialize. Readers should not place undue reliance on the forward-looking statements contained in this report, or on the additional specific risks and uncertainties appearing in the “Risk Factors” section of ICL’s annual report as published on Form 20-F for the year ended December 31, 2025, as such risk factors may be updated from time to time in the periodic reports and public disclosures that the Company publishes from time to time on Form 6-K and other reports that the Company files with the U.S. Securities and Exchange Commission. Forward-looking Statements relates only to the date on which it was provided, and the Company undertakes no obligation to update it as a result of new information or future developments, or to publicly release any correction to this information to reflect subsequent events or circumstances or to reflect unanticipated events or circumstances that may occur.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ICL Group Ltd.
	By:	/s/ Elad Aharonson
		Name:	Elad Aharonson
		Title:	President and CEO

	ICL Group Ltd.
	By:	/s/ Aya Landman
		Name:	Aya Landman
		Title:	VP, Chief Compliance Officer & Corporate Secretary

Date: June 23, 2026