Environmental & Social Information • Sep 25, 2024
Environmental & Social Information
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Washington, D.C. 20549
Specialized Disclosure Report
| (Exact name of registrant as specified in its charter) 001-13742 Not Applicable (Commission (IRS Employer Identification No.) File Number) Millennium Tower, 23 Aranha St. Tel-Aviv 6120201 Israel (Address of principal executive offices) Aya Landman VP, Chief Compliance Officer & Corporate Secretary Tel: +972 (3) 6844440 (Name and telephone number, including area code, of the person to contact in connection with this report) |
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|---|---|---|---|
| Israel | |||
| (State or other jurisdiction | |||
| of incorporation or organization) | |||
| Check the appropriate box to indicate the rule pursuant to which this form is being filed: | |||
| ☐ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023. | ||
| ☒ | Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended 2023. |
Not applicable
Not applicable
Disclosure of Payment by Resource Extraction Issuers.
The information required under Item 2.01(a)(3) is set forth in Exhibit 2.01 attached to this Form SD.
The following exhibit is filed as part of this report on Form SD.
| Exhibit Number |
Description |
|---|---|
| 2.01 | Disclosure of Payment by Resource Extraction Issuer (formatted as XBRL) |
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 duly authorized undersigned.
ICL GROUP LTD. (Registrant)
By: /s/ Aviram Lahav September 25, 2024
Name:Aviram Lahav (Date) Title: Chief Financial Officer
Exhibit 2.01
| Major Political National and Subnational Jurisdiction of the Project |
(2) Project name (3) |
Payee | Taxes | Royalties | Fees | Infrastructure improvements |
Total | Notes |
|---|---|---|---|---|---|---|---|---|
| Local Municipalities (HaDarom) |
23,923 | - | - | - | 23,923 | |||
| Israel Ports (HaDarom) |
- | - | 14,722 | - | 14,722 | |||
| Dead Sea HaDarom (Potash and |
Government offices | 743 | - | - | 6,568 | 7,311 | Ministry of Energy and Infrastructure and Ministry of Tourism |
|
| Industrial Products (4) segments) |
Mekorot Water Company Ltd. |
- | - | 8,328 | - | 8,328 | ||
| Israel Electricity | - | - | 24,301 | - | 24,301 | |||
| State Treasury | - | 157,880 | - | 20,772 | 178,652 | |||
| Tax Authority | 150,335 | - | - | - | 150,335 | |||
| Israel | Total Dead Sea | 175,001 | 157,880 | 47,351 | 27,340 | 407,572 | ||
| Local Municipalities (HaDarom) |
7,835 | - | - | - | 7,835 | |||
| Rotem Mines | Israel Ports (HaDarom) |
- | - | 4,739 | - | 4,739 | ||
| HaDarom (Phosphate |
Government offices | 406 | 12,130 | - | - | 12,536 | Ministry of Energy and Infrastructure |
|
| Solutions segment) | Mekorot Water Company Ltd. |
- | - | 26,048 | - | 26,048 | ||
| Israel Electricity | - | - | 5,454 | - | 5,454 | |||
| Tax Authority | 3,474 | - | - | - | 3,474 | |||
| Total Rotem Mines |
11,715 | 12,130 | 36,241 | - | 60,086 | |||
| Redcar & Cleveland Borough Council |
1,377 | - | - | - | 1,377 | |||
| United Kingdom |
Boulby England (Growing Solutions segment) |
North York Moors National Park Authority |
1,165 | - | - | - | 1,165 | |
| The Crown Estate | - | 3,545 | - | - | 3,545 | |||
| Tax Authority | 7,257 | - | - | - | 7,257 | |||
| Total Boulby | 9,799 | 3,545 | - | - | 13,344 |
| Major Political National and Subnational Jurisdiction of the Project |
Project name (2)(3) |
Payee | Taxes | Royalties | Fees | Infrastructure improvements |
Total | Notes |
|---|---|---|---|---|---|---|---|---|
| Cabanassas Cataluña |
Súria and Sallent town councils | 577 | - | 413 | - | 990 | ||
| (Potash | Catalonian Government and Catalan Water Agency (ACA) |
24 | 284 | 835 | 4,859 | 6,002 | ||
| Spain | segment) | Tax Authority | 7,455 | 139 | 57 | - | 7,651 | |
| Total Cabanassas |
8,056 | 423 | 1,305 | 4,859 | 14,643 | |||
| Haikou Yunnan Province |
Kunming Xishan District Natural Resources Bureau and Kunming Water Supplies Bureau |
- | 463 | 1,083 | - | 1,546 | ||
| China | (Phosphate Solutions |
Tax Authority | 23,193 | 4,698 | 282 | - | 28,173 | |
| segment) | Kunming Electricity | - | - | 7,287 | - | 7,287 | ||
| Total Haikou | 23,193 | 5,161 | 8,652 | - | 37,006 | |||
| Total | 227,764 | 179,139 | 93,549 | 32,199 | 532,651 |
(1) All payments are reported in U.S. dollars (USD) which is the reporting currency of the consolidated financial statements of ICL. Payments in England, Spain and China were made in GBP, Euro and RMB, respectively, and translated using the relevant average annual rate of USD.
(2) Resource subject of commercial development - Dead Sea: potash, magnesium and bromine; Rotem Mines: phosphate; Boulby: polyhalite; Cabanassas: potash; Haikou: phosphate.
(3) Method of extraction - Dead Sea: evaporation ponds; Rotem Mines and Haikou: Open pits; Boulby and Cabanassas: underground mines.
(4) Dead Sea project - payments by segments:
| Segment name Payee |
Taxes | Royalties | Fees | Infrastructure improvements |
Total | |
|---|---|---|---|---|---|---|
| Local Municipalities (HaDarom) | 1,270 | - | - | - | 1,270 | |
| Mekorot Water Company Ltd. | - | - | 2,976 | - | 2,976 | |
| Industrial Products (IP) | State Treasury | - | 44,000 | - | - | 44,000 |
| Tax Authority | 14,696 | - | - | - | 14,696 | |
| Total IP | 15,966 | 44,000 | 2,976 | - | 62,942 | |
| Total Potash | 159,035 | 113,880 | 44,375 | 27,340 | 344,630 | |
| Total Dead Sea | 175,001 | 157,880 | 47,351 | 27,340 | 407,572 |
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