Form SD - Specialized disclosure report

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM SD

Specialized Disclosure Report

 

ICL GROUP LTD.
(Exact name of registrant as specified in its charter)
Israel	001-13742	Not Applicable
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)
Millennium Tower, 23 Aranha St.  Tel-Aviv 6120201 Israel
(Address of principal executive offices)
Aya Landman VP, Chief Compliance Officer & Corporate Secretary Tel: [phone]
(Name and telephone number, including area code, of the person to contact in connection with this report)

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.

 

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SECTION 1 – CONFLICT MINERALS DISCLOSURE

 

Item 1.01 Conflict Minerals Disclosure and Report

 

Not applicable

 

Item 1.02 Exhibit

 

Not applicable

 

SECTION 2 – RESOURCE EXTRACTION ISSUER DISCLOSURE

 

Item 2.01 Resource Extraction Issuer Disclosure and Report

 

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.

 

SECTION 3 – EXHIBIT

 

Item 3.01 Exhibit

 

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)

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SIGNATURES

 

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

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Exhibit 2.01

 

Disclosure of Payment by Resource Extraction Issuer

Payments made during the fiscal year ended December 31, 2023 ($ Thousands) ⁽¹⁾

 

Major Political National and Subnational Jurisdiction of the Project	Project name (2)(3)	Payee	Taxes	Royalties	Fees	Infrastructure improvements	Total	Notes
Israel	Dead Sea HaDarom   (Potash and Industrial Products segments) (4)	Local Municipalities (HaDarom)	23,923	-	-	-	23,923
		Israel Ports (HaDarom)	-	-	14,722	-	14,722
		Government offices	743	-	-	6,568	7,311	Ministry of Energy and Infrastructure and Ministry of Tourism
		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
	Total Dead Sea		175,001	157,880	47,351	27,340	407,572
	Rotem Mines HaDarom   (Phosphate Solutions segment)	Local Municipalities (HaDarom)	7,835	-	-	-	7,835
		Israel Ports (HaDarom)	-	-	4,739	-	4,739
		Government offices	406	12,130	-	-	12,536	Ministry of Energy and Infrastructure
		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
United Kingdom	Boulby England   (Growing Solutions segment)	Redcar & Cleveland Borough Council	1,377	-	-	-	1,377
		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

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Disclosure of Payment by Resource Extraction Issuer

Payments made during the fiscal year ended December 31, 2023 (Thousands) ⁽¹⁾

 

Major Political National and Subnational Jurisdiction of the Project	Project name (2)(3)	Payee	Taxes	Royalties	Fees	Infrastructure improvements	Total	Notes
Spain	Cabanassas Cataluña   (Potash segment)	Súria and Sallent town councils	577	-	413	-	990
		Catalonian Government and Catalan Water Agency (ACA)	24	284	835	4,859	6,002
		Tax Authority	7,455	139	57	-	7,651
	Total Cabanassas		8,056	423	1,305	4,859	14,643
China	Haikou Yunnan Province   (Phosphate Solutions segment)	Kunming Xishan District Natural Resources Bureau and Kunming Water Supplies Bureau	-	463	1,083	-	1,546
		Tax Authority	23,193	4,698	282	-	28,173
		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.

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Payments by Segments - Dead Sea project

Payments made during the fiscal year ended December 31, 2023 (Thousands) ⁽¹⁾

(4)

Dead Sea project - payments by segments:

Segment name	Payee	Taxes	Royalties	Fees	Infrastructure improvements	Total
Industrial Products (IP)	Local Municipalities (HaDarom)	1,270	-	-	-	1,270
	Mekorot Water Company Ltd.	-	-	2,976	-	2,976
	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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Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0000941221
Registrant Name	ICL Group Ltd.
Period End Date	Dec. 31, 2023
Reporting Currency	USD
Alternative Reporting Regime	NR

Payments, by Category - USD ($) $ in Thousands		Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	[1]	$ 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.

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands		Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	[1]	$ 227,764	$ 179,139	$ 93,549	$ 32,199	$ 532,651
Dead Sea [Member]
Total	[1],[2],[3]	175,001	157,880	47,351	27,340	407,572
Rotem Mines [Member]
Total	[1],[2],[3]	11,715	12,130	36,241		60,086
Boulby [Member]
Total	[1],[2],[3]	9,799	3,545			13,344
Cabanassas [Member]
Total	[1],[2],[3]	8,056	423	1,305	$ 4,859	14,643
Haikou [Member]
Total	[1],[2],[3]	$ 23,193	$ 5,161	$ 8,652		$ 37,006
[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] Method of extraction - Dead Sea: evaporation ponds; Rotem Mines and Haikou: Open pits; Boulby and Cabanassas: underground mines. [3] Resource subject of commercial development - Dead Sea: potash, magnesium and bromine; Rotem Mines: phosphate; Boulby: polyhalite; Cabanassas: potash; Haikou: phosphate.

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands		Taxes	Royalties	Fees	Infrastructure	Total Payments
Total	[1]	$ 227,764	$ 179,139	$ 93,549	$ 32,199	$ 532,651
Local Municipalities Hadarom, Dead Sea Project [Member]
Total	[1],[2],[3]	23,923				23,923
Israel Ports (Hadarom), Dead Sea Project [Member]
Total	[1],[2],[3]			14,722		14,722
Government Offices, Dead Sea Project [Member]
Total	[1],[2],[3]	743			6,568	7,311
Mekorot Water Company Ltd., Dead Sea Project [Member]
Total	[1],[2],[3]			8,328		8,328
Israel Electricity, Dead Sea Project [Member]
Total	[1],[2],[3]			24,301		24,301
State Treasury, Dead Sea Project [Member]
Total	[1],[2],[3]		157,880		20,772	178,652
Tax Authority, Dead Sea Project [Member]
Total	[1],[2],[3]	150,335				150,335
Local Municipalities (Hadarom), Rotem Mines Project [Member]
Total	[1],[2],[3]	7,835				7,835
Israel Ports (Hadarom), Rotem Mines Project [Member]
Total	[1],[2],[3]			4,739		4,739
Government Offices, Rotem Mines Project [Member]
Total	[1],[2],[3]	406	12,130			12,536
Mekorot Water Company Ltd., Rotem Mines Project [Member]
Total	[1],[2],[3]			26,048		26,048
Israel Electricity, Rotem Mines Project [Member]
Total	[1],[2],[3]			5,454		5,454
Tax Authority, Rotem Mines Project [Member]
Total	[1],[2],[3]	3,474				3,474
Redcar And Cleveland Borough Council, Boulby Project [Member]
Total	[1],[2],[3]	1,377				1,377
North York Moors National Park Authority, Boulby Project [Member]
Total	[1],[2],[3]	1,165				1,165
The Crown Estate Boulby Project [Member]
Total	[1],[2],[3]		3,545			3,545
Tax Authority, Boulby Project [Member]
Total	[1],[2],[3]	7,257				7,257
Suria And Sallent Town Councils, Cabanassas Cataluna Project [Member]
Total	[1],[2],[3]	577		413		990
Catalonian Government And Catalan Water Agency (Aca), Cabanassas Cataluna Project [Member]
Total	[1],[2],[3]	24	284	835	$ 4,859	6,002
Tax Authority, Cabanassas Cataluna Project [Member]
Total	[1],[2],[3]	7,455	139	57		7,651
Kunming Xishan District Natural Resources Bureau And Kunming Water Supplies Bureau, Haikou Yunnan Province Project [Member]
Total	[1],[2],[3]		463	1,083		1,546
Tax Authority, Haikou Yunnan Province Project [Member]
Total	[1],[2],[3]	$ 23,193	$ 4,698	282		28,173
Kunming Electricity, Haikou Yunnan Province Project [Member]
Total	[1],[2],[3]			$ 7,287		$ 7,287
[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] Method of extraction - Dead Sea: evaporation ponds; Rotem Mines and Haikou: Open pits; Boulby and Cabanassas: underground mines. [3] Resource subject of commercial development - Dead Sea: potash, magnesium and bromine; Rotem Mines: phosphate; Boulby: polyhalite; Cabanassas: potash; Haikou: phosphate.

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands	Amount	[1]	Type	Country	Subnat. Juris.	Govt.	Project	Resource	[2]	Segment	Ext. Method	[3]
#: 1
	$ 23,923		Taxes	ISRAEL	snj:IL-D	Local Municipalities Hadarom, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 2
	14,722		Fees	ISRAEL	snj:IL-D	Israel Ports (Hadarom), Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 3
	743		Taxes	ISRAEL	snj:IL-D	Government Offices, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 4
	6,568		Infrastructure	ISRAEL	snj:IL-D	Government Offices, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 5
	8,328		Fees	ISRAEL	snj:IL-D	Mekorot Water Company Ltd., Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 6
	24,301		Fees	ISRAEL	snj:IL-D	Israel Electricity, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 7
	157,880		Royalties	ISRAEL	snj:IL-D	State Treasury, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 8
	20,772		Infrastructure	ISRAEL	snj:IL-D	State Treasury, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 9
	150,335		Taxes	ISRAEL	snj:IL-D	Tax Authority, Dead Sea Project [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Potash And Industrial Products [Member]	Well
#: 10
	7,835		Taxes	ISRAEL	snj:IL-D	Local Municipalities (Hadarom), Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 11
	4,739		Fees	ISRAEL	snj:IL-D	Israel Ports (Hadarom), Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 12
	406		Taxes	ISRAEL	snj:IL-D	Government Offices, Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 13
	12,130		Royalties	ISRAEL	snj:IL-D	Government Offices, Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 14
	26,048		Fees	ISRAEL	snj:IL-D	Mekorot Water Company Ltd., Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 15
	5,454		Fees	ISRAEL	snj:IL-D	Israel Electricity, Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 16
	3,474		Taxes	ISRAEL	snj:IL-D	Tax Authority, Rotem Mines Project [Member]	Rotem Mines [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 17
	1,377		Taxes	UNITED KINGDOM	snj:GB-ENG	Redcar And Cleveland Borough Council, Boulby Project [Member]	Boulby [Member]	Polyhalite [Member]		Growing Solutions [Member]	Underground Mining
#: 18
	1,165		Taxes	UNITED KINGDOM	snj:GB-ENG	North York Moors National Park Authority, Boulby Project [Member]	Boulby [Member]	Polyhalite [Member]		Growing Solutions [Member]	Underground Mining
#: 19
	3,545		Royalties	UNITED KINGDOM	snj:GB-ENG	The Crown Estate Boulby Project [Member]	Boulby [Member]	Polyhalite [Member]		Growing Solutions [Member]	Underground Mining
#: 20
	7,257		Taxes	UNITED KINGDOM	snj:GB-ENG	Tax Authority, Boulby Project [Member]	Boulby [Member]	Polyhalite [Member]		Growing Solutions [Member]	Underground Mining
#: 21
	577		Taxes	SPAIN	snj:ES-CT	Suria And Sallent Town Councils, Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 22
	413		Fees	SPAIN	snj:ES-CT	Suria And Sallent Town Councils, Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 23
	24		Taxes	SPAIN	snj:ES-CT	Catalonian Government And Catalan Water Agency (Aca), Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 24
	284		Royalties	SPAIN	snj:ES-CT	Catalonian Government And Catalan Water Agency (Aca), Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 25
	835		Fees	SPAIN	snj:ES-CT	Catalonian Government And Catalan Water Agency (Aca), Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 26
	4,859		Infrastructure	SPAIN	snj:ES-CT	Catalonian Government And Catalan Water Agency (Aca), Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 27
	7,455		Taxes	SPAIN	snj:ES-CT	Tax Authority, Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 28
	139		Royalties	SPAIN	snj:ES-CT	Tax Authority, Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 29
	57		Fees	SPAIN	snj:ES-CT	Tax Authority, Cabanassas Cataluna Project [Member]	Cabanassas [Member]	Potash [Member]		Potash [Member]	Underground Mining
#: 30
	463		Royalties	CHINA	snj:CN-YN	Kunming Xishan District Natural Resources Bureau And Kunming Water Supplies Bureau, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 31
	1,083		Fees	CHINA	snj:CN-YN	Kunming Xishan District Natural Resources Bureau And Kunming Water Supplies Bureau, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 32
	23,193		Taxes	CHINA	snj:CN-YN	Tax Authority, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 33
	4,698		Royalties	CHINA	snj:CN-YN	Tax Authority, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 34
	282		Fees	CHINA	snj:CN-YN	Tax Authority, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 35
	7,287		Fees	CHINA	snj:CN-YN	Kunming Electricity, Haikou Yunnan Province Project [Member]	Haikou [Member]	Phosphate [Member]		Phosphate Solutions [Member]	Open Pit
#: 36
	1,270		Taxes	ISRAEL	snj:IL-D	Local Municipalities (Hadarom), Industrial Products Segment [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Industrial Products [Member]	Well
#: 37
	2,976		Fees	ISRAEL	snj:IL-D	Mekorot Water Company Ltd., Industrial Products Segment [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Industrial Products [Member]	Well
#: 38
	44,000		Royalties	ISRAEL	snj:IL-D	State Treasury, Industrial Products Segment [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Industrial Products [Member]	Well
#: 39
	$ 14,696		Taxes	ISRAEL	snj:IL-D	Tax Authority, Industrial Products Segment [Member]	Dead Sea [Member]	Potash Magnesium And Bromine [Member]		Industrial Products [Member]	Well
[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.

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