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Compass FOR IMMEDIATE RELEASE Minerals Strong Salt sales volumes and improved sulfate of potash ( SOP ) pricing drove higher year - over year revenue HIGHLIGHTS ● OVERLAND PARK , Kan . ( Aug. 13 ) - Compass Minerals ( NYSE : CMP ) , a leading global provider of essential minerals , today reported results for the quarter ended June 30 , 2021. The company will host a conference call to discuss these results on Monday , Aug. 16 , 2021 , at 11 a.m. ET . Further details on that call can be found at the end of this release . ● Compass Minerals Reports Second - Quarter 2021 Results and Robust Cash Flow from Operations ● Exhibit 99.1 Year - to - date cash flow from operations of $ 255.4 million , an increase of approximately 16 % compared to the first six months of 2020 , or up 49 % excluding tax refunds received in both periods Salt segment operating earnings declined $ 3.3 million for the second quarter of 2021 compared to the second quarter of 2020 due to elevated shipping and handling expense , although up $ 20.5 million year - to - date or approximately 23 % compared to the prior period Plant Nutrition segment operating earnings declined $ 5.6 million for the second quarter of 2021 compared to the second quarter of 2020 , primarily due to previously discussed SOP feedstock inconsistencies Average sales price strengthened for the company's Protassium + ® SOP product to approximately $ 610 per ton , an increase of 6 % versus first - quarter 2021 pricing Previously disclosed change in interim inventory valuation method shifted approximately $ 12 million of Salt segment product cost from first - quarter 2021 to subsequent quarters , with approximately $ 11 million of this cost included in second- quarter 2021 results In July 2021 , the company reduced its long - term debt by approximately $ 400 million ( including from discontinued operations ) to approximately $ 864 million , significantly reducing the company's leverage ratio , following the completed sale of its South America specialty plant nutrition business Announced in July 2021 the identification of an approximately 2.4 million metric ton lithium carbonate equivalent ( LCE ) sustainable lithium brine resource New nine - month 2021 outlook for adjusted EBITDA from continuing operations is anticipated to be $ 175 million to $ 185 million , which reflects only three quarterly reporting periods due to the previously disclosed change in fiscal year - end to Sept. 30