actions assets. as good our and today. call, progress make taken we join of against morning, our Since for continue taking strategic everyone. we've Thanks, core a Doug, last our number to and Thanks plan time to prioritize
final the South American our First, business announced Brazil. our completed successful in chemical strategic the in previously we step market the of sale through exit from
project, We work ultimate result. also capacity expected lithium production annual development continue advance a its as on increasing our engineering to
total addition, new member, more than decades Dowling, proud In extraction who to board Ed Compass we executive our a tracking our that incident I'm to Minerals. among rate, level best this XXX,XXX total of lastly, hours. exposure welcomed number board and began And the for our quarter safety performance we or case brings experience three of share past was injuries represents minerals very which since TCIR,
throughout you finished improvements our just many over of one, safe have company. me and safety no more the continue leadership to priority a the and to well-being prior environment with we order is TCIR the team that quality of see provided quarter. risk reflecting optimal life. healthy higher heard exceptional help in of from and an both emphasize work safety ensure every quarter on a second our minimize before, to training than and employees, As focus solutions year places engineering We a We're maintaining safety the than and behavior employee XX% and improvement of
also quarter industries to still mindly evaporation results late challenge. Of and through with other which continue fiscal we business. grapple supply We're quarter without headwinds our at certainly production our to sometimes was inflationary and across pressures its The not facility, across ongoing second severe, Ogden, Moving balance fuel produces managing these details through [indiscernible] [ph] persistent will XXXX we numerous to the related With announced our second believe Ukraine, expectations. to chains, the manifest surcharge solar each unpredictable issues yesterday. products. while the met challenges themselves to both have production quarters, not SOP We the or remain year. recent potash continue levels these and during of sulfate in Ogden premium in shared of fiscal crisis soaring quarter. our due We they companies
every we operating we're impediments executing landscape, on control, their operate. serving are facet focused the our impact of supporting difficult potential. our businesses, the reduce employees to the our and privileged is maximizing profitability within to remain X,XXX to not customers the and businesses, team While communities Against where full focused our these management our of realizing operating strategies on nearly cycle,
normalized levels With challenging we'll more forward, I'll driver each continue I'll discuss framing, nutrition manage actively of second to and segment through to profitability value business opportunities Then in a steps times intermediate-term minutes summarizing plant performance. our briefly an seek profitability high-level now and XXXX the Going navigate to these our salt toward business. successfully few level. to effort quarter pursue spend taking fiscal that and of we're short our production
opportunities. growth Finally, update progress a our I'll provide to efforts lithium brief our on
approximately in yesterday, business. million, up year-over-year, was quarter volume salt second by our release $XXX driven in As earnings gains reported revenue our primarily X%
by in While impacted and pressures our salt was the profitability our showed primarily improvement, top on segment distribution production challenges referenced continued inflationary that line plant continued and year-over-year nutrition previously. in negatively results I production costs
and XX% consolidated normalized XX%, approximately for our margin declined segment, an year-over-year in reflecting As by our believe quarter on our salt is adjusted pricing to bid result, volume, this unacceptable season industrial revenue despite American relatively growth substantial by considerably reflecting North of and what In as businesses. approximately earnings the business. million, X% commitments of grew winter sales a entirely in higher consumer the a potential improved EBITDA is average year-over-year I $XX it's EBITDA below our which adjusted season, second
resulting fuel by more offset $XX we've salt pressure and costs cost prices. second than up make greater area our than call in by products. significant anticipated we've escalating business, pressures seen component, our significant on earnings salt tonne basis A quarter been However, a connection this per total in growth cost delivered EBITDA a specifically million. for our product top with approximately the the increase oil encountered sharp approximately segment costs to for year-over-year salt recent surcharges line has handling was distribution during Transportation XX% of the XX% in where key declining last in costs
the XX% we allows our move services mix and our final salt endeavoring of just has [ph] highway same with the business contract intensifying railcar. we're costs, with working is highway contrast, since thing of quarter. the and we've To quarter North these our of XXXX, our within products during cost inflationary been America increased to vessels, structure do bulk bid In example, negotiations this contract to the represents meaningfully oil approximately we're the one transfers calendar costs distribution North rail pressures next is caused was of a combat last during continuing oil surcharges For for on in providers vessel, given loan the these price to X% and facilities not of customers these to XX% and and from season. the trucking The architecture service able In C&I until of these the surge category surcharge. America fuel across fuel those recapture shipping are to to production our XX% when required The each destination barges, all deicing that contracts reach outlets our customers. underlying segment modes truck, rise, season. pressures, segment, through bidding to recent as impacted cost the modes during barge pass prices derived pass inclusive
broad our costs see not expect our business. recoupment to we fiscal in to steps profitability next our salt until fuel committed historic meaningful While to levels North we're of return highway business do America within year,
season believe capture can up the production our margin. to to to that do profile Through our efficiency Goderich, also so. agility and requires, have work we logistics Our geographies a approach for where market the demand or ratchet plan as down bid we production and at we harness to is better now we secure improved
our We help fair expect for hopefully profitability. a products, increasing will thereby steps central these value ensure
market price higher levels. was X% lower costs high Nutrition million, constrained segment conditions $XX EBITDA favorable by offset Plant as Our sales the of inventory reduced unit our of global impact down by fertilizer volumes year-over-year and
our Our persist the year. for for available - these current supply-demand inventory expectation fertilizer and the is are to trends, likely in of balance sale pipe limited
to corn weather to the of the near site. or SOP SOP We've the and future to In on not SOP persistent adverse our production The both the impact controls production. weather solutions such the in pumping raising the process refining acutely the impact As against several based, balance [indiscernible] at years, challenge past short due last It chemistry specialized in we're production. limited long-term has events implementing the year-to-date. our in at our listing of potassium been autumn from been impact engineering and highlighted [ph] we've our salt focused the this further required - optimal while as for of not does dykes in It's our solar snowpack. our deposition upgrading also namely aggressively quarters, production potassium impact systems, over manage for ponds continues magnesia our several harvest lower to meaningfully plant levels an to some, chloride these our fine component term, and process evaporation expected the pressure product. the on process under have drought of
MOP and business the the been portfolio managed significant holistic cost process undertaken recent evaporation stable of ensure variability regularly ultimately of core closing of Chemicals our review minimize SOP assets. with do the offset note our levels. also of the end-to-end in our represents South concentration and capacity chemistry detailed For periods our longer in sale gears impact It's the term, by season it's a important Switching automating through we've we've lower-quality of effective another [ph] historically, when American management, to that of step to that feedstock to local nature Pan solar our production prioritization to to the so.
portfolio. region divestment completed now successfully the and businesses reshaping of that this we've sale, the of our of our phase completed in of all the With
maximum earnout business possible from events have reduction. We these American us the $XX.X continue Proceeds of related to two last our ICL our to to million sale also enabled recently year. received debt South Plant Nutrition a
substantial outstanding a potential the $XXX we from mindful beneath the or our come of year, total leg and to our approximately the annual from I've strategic the which XX,XXX upon lithium. of early the proceeds now LCE. turn XX, softness, growth to XX,XXX production reducing discussed. XX% increased of already fiscal remain lithium to currently next earning starting this or an metric net our from XXXX. March, outstanding, midpoint we our I toward combined factors roughly million our initiatives lithium Specifically, applying by believe to restoring at our In projected to announced have new is to will reduction by expect equivalent toward of profitability debt like approximately would due XX,XXX XX,XXX of debt carbonate December opportunity projection We XX% tons LCE we leverage of metric development well a leverage capacity reduced tons
entailed our infrastructure capacity or provide production valuation from FeOX, above rights in Additionally, approach by we to target updates recognize leaseholding plans in informed a project. XX,XXX the [ph] range shared wide place Utah, and has in to the These that come projected options. metric this with which production projects multiple operations we with our have along scope of by XXXX. to It's our scenarios annual with online phased commercial were Ogden a to LCE achieve already assessment of initial us important water the capacity tons engineering
hydraulic and the the by Specifically, our with side Gray east located the ponds are a Salt west our solar east connected both west channel. on of lake the complex underwater to evaporation side XX-mile £ of
include the to, to for advancement This which be development part much project conversion of our via a recalibrating XX,XXX either flows but DLE later lithium the limited a where for partners offtake to a the nature leveraging commence the current We funding and Including, is where benefit conversion associated announced DLE of Our provides the well a function DLD potential continue initial had remain salt, of of project LCE have scale FELX the a west by track focused east to creating our strategy analysis. engineering cycle assets, we quarters. fire privilege the range to designed power, potentially lithium the to prudent produce is existing comprise path outlay operating considered capital capital our of development to side, core production prospect battery level organic the designed our X. in cash the lithium a an are selection of summer time. the earnings of phases. extraction over two cost to by derisking these Phase hydroxide us potential of initial believe information has milestones capabilities requirements of identified provider, and X and nutrition, the demand Ultimately, production. forward derisked and coming closing, and inherent defer ton of on dependency we expertise all build estimate the life X. adjacencies of initial project and over and XX,XXX we on or will facility project a of look critical of confident level and with advance perspective. to helping It our facility. lithium on infrastructure LCE This we our XX,XXX forecasted and high-returning a on We completed serve profile. incremental our is owning an initiatives to rig. reach course sharing Production currently located. on growth we're pillars, our Phase from thinking Good the core It logistics occur announcement reducing phased is finance this our distinct into the include positioned disclosure our project the additionally project weather of opportunities a of advantaged will additional technology increased would the summer Overall, Phase expand portfolio our in processing to Phase side market processing financial increase completion remain capital additional allowing These Audubon from on the options. perspective lithium and and X plant phase of expect this would of - significant of approach previously likely assets in and widely grade during not rig. the In mineral XXXX. retardants. plant are facility is plant essential thereby also
toward we to the business of key drivers we of on plan with progress manage the environment. focus a of our highly As the current our key value stated each mitigating objectives, inflationary effects
fiscal and to I'm Now who financial over in outlook updated to XXXX. will Lorin? turn going our our it Lorin, performance discuss more for detail
