ICL Group (NYSE: ICL) inks 2026 China potash contracts at $348/ton

Rhea-AI Filing Summary

ICL Group Ltd. reports that, under its 2025–2027 framework agreements with customers in China, it has signed contracts to supply 750,000 metric tons of potash during 2026. The contracts include a mutual option for an additional 330,000 metric tons. The potash will be supplied at a price aligned with recent contract settlements in China of $348 per ton on a CIFFO basis. These agreements reflect ongoing implementation of ICL’s multi‑year sales framework in the Chinese market.

Insights

Chemicals and commodities industry analyst

ICL secures 2026 China potash volumes at $348 per ton.

ICL Group Ltd. has locked in contracts to supply 750,000 metric tons of potash to Chinese customers in 2026, under existing 2025–2027 framework agreements. There is also a mutual option for an extra 330,000 metric tons, which could further increase contracted volumes if exercised.

The agreed price of $348 per ton on a CIFFO basis ties these deals to recent China contract settlements, indicating that pricing aligns with prevailing benchmark levels in that market. Because these agreements sit within a broader multi‑year framework, they help provide visibility on a portion of ICL’s future potash sales into China, though the actual impact will depend on how much of the optional volume is ultimately taken up.

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 December 2025

Commission File Number: 001-13742

ICL GROUP LTD.

(Exact name of registrant as specified in its charter)

ICL Group Ltd.

Millennium Tower

23 Aranha Street

P.O. Box 20245

Tel Aviv, 61202 Israel

(972-3) 684-4400

(Address of principal executive office)

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.

 INCORPORATION BY REFERENCE

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 and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.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 Agreements for the Supply of Potash to Customers in China during 2026

 Item 1

ICL Signs Agreements for the Supply of Potash to Customers in China during 2026

ICL hereby announces that as part of its 2025-2027 framework agreements with its customers in China, ICL has signed contracts to supply an aggregate amount of 750,000 metric tons of potash, with a mutual option for an additional 330,000 metric tons, to be supplied to customers in China during 2026, at a price aligned with recent contracts settlements in China ($348 per ton CIFFO). For information regarding ICL’s 2025-2027 framework agreements in China, see the Company’s announcement dated December 2, 2024 (Ref No. 2024-02-621083).

Name of the authorized signatory on the report and name of authorized electronic reporter: Aya Landman, Adv.

Position: VP, Chief Compliance Officer & Corporate Secretary

Signature Date: December 23, 2025

Investor and Press Contact - Israel Adi Bajayo ICL Spokesperson +972-52-4454789
Adi.Bajayo@icl-group.com Investor and Press Contact - Global Peggy Reilly Tharp VP, ICL Global Investor Relations +1-314-983-7665
Peggy.ReillyTharp@icl-group.com

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/ Aviram Lahav
		Name: Aviram Lahav
		Title: Chief Financial Officer

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

Date: December 23, 2025

 

FAQ

What did ICL Group Ltd. (ICL) announce in this 6-K filing?

ICL Group Ltd. announced that, as part of its 2025–2027 framework agreements with customers in China, it signed contracts to supply potash during 2026.

How much potash will ICL Group (ICL) supply to China under the new 2026 contracts?

ICL will supply an aggregate amount of 750,000 metric tons of potash to customers in China during 2026, under the newly signed contracts.

Is there additional optional potash volume in ICL’s 2026 China agreements?

Yes. The contracts include a mutual option for an additional 330,000 metric tons of potash that could be supplied to customers in China during 2026.

What price is set for ICL’s 2026 potash supplies to China?

The potash will be supplied at a price aligned with recent contract settlements in China, specified as $348 per ton on a CIFFO basis.

How do these 2026 potash contracts relate to ICL’s broader China agreements?

The 2026 contracts are part of ICL’s 2025–2027 framework agreements with its customers in China, which structure multi‑year supply arrangements.

Does this 6-K link to any other ICL Group filings or documents?

Yes. The report is incorporated by reference into ICL’s Form S-8 registration statement and its Israeli Shelf Prospectus dated September 19, 2025.