The Mosaic Company

Overview

The Mosaic Company

type	Public
traded as	nyse: MOS S&P 500 component
foundation	October 22, 2004, through combination of IMC Global Inc. and Cargill, Incorporated
predecessors	IMC Global Cargill (crop nutrition division)
location	Tampa, Florida, U.S.
key people	Gregory Ebel (chairman) Bruce Bodine (president & CEO)
industry	Agriculture Fertilizer
products	Aspire Feed K-Mag MicroEssentials Pegasus Phosphate Potash Urea
revenue	US$12.05 billion (2025)
operating income	US$821.5 million (2025)
net income	US$540.7 million (2025)
assets	US$24.48 billion (2025)
equity	US$12.08 billion (2025)
num employees	13,249 (2025)
homepage	mosaicco.com
footnotes	‡R1R‡

The Mosaic Company is an American chemical company based in Tampa, Florida, which mines phosphate, potash, and collects urea used for fertilizer, through various international distribution networks[2] and Mosaic Fertilizantes.[3] It is the largest U.S. producer of potash and phosphate fertilizer.[4]

Overview

The Mosaic Company was formed in October 2004 by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers, retail dealers and individual growers worldwide. Its headquarters are in Tampa and it employs approximately 13,000 people in eight countries.[5]

Products

Potash

Mosaic has approximately 10.4 million tons of operational potash capacity.[5] The company owns potash mines or surface mills in Belle Plaine, Colonsay, Esterhazy K1, Esterhazy K2, Esterhazy K3, and Carlsbad, with another potash mine recently purchased in Brazil during the Vale Fertilizantes acquisition. The Colonsay mine and mill is indefinitely idled and in care and maintenance mode. Esterhazy K3, in development, consists of an underground mine and service/production shafts separate from the K1 and K2 underground mine that is beginning to supply the K1 and K2 surface facilities with ore.[6] Esterhazy K3 does not have surface milling and storage facilities. Instead it is intended to replace the ore being mined from the K1 and K2 mine. The shift in production will decrease brine management costs of the K1 and K2 mine, which were $108.0 million for 2020.

Mosaic is a member of Canpotex, an export association of Canadian potash producers through which they sell their Canadian potash outside the U.S. and Canada.

Potash mines locations:[7]

Carlsbad, New Mexico (32.412°N, -103.939°W)
Belle Plaine, Saskatchewan (50.429°N, -105.199°W)
Colonsay, Saskatchewan (51.928°N, -105.766°W)
Esterhazy, Saskatchewan K1 (50.729°N, -101.929°W)
Esterhazy, Saskatchewan K2 (50.66°N, -101.846°W)
Esterhazy, Saskatchewan K3 (50.644°N, -101.993°W)

Phosphate

Mosaic has approximately 16.8 million tons of operational capacity for finished concentrated phosphates.[5] They are the largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined. It has a global distribution network made up of plants, port facilities, warehouses and sales offices. In 2013 Mosaic produced 7.6 million tons of concentrated phosphate crop nutrients and over 15 million tons of phosphate rock production.[8] In October, 2013, Mosaic reached an agreement to purchase the phosphate operations of CF Industries for 1.4 billion dollars, which eliminates the need for Mosaic to spend an additional billion dollars to build a processing facility in Hardee County, Florida to process the rock from their mines in the area.[9]

Phosphate mines are located in the Bone Valley Formation of the Peace River watershed in Central Florida:[7]

The Mosaic Company

Overview

Products

Potash

Phosphate

Carbon footprint

Timeline

External links

References