The Mosaic Company (Mosaic) produces and markets concentrated phosphate and potash crop nutrients worldwide.
The company, through its broad product offering, is a single source supplier of phosphate- and potash-based crop nutrients and animal feed ingredients.
The company serves customers in approximately 40 countries. The company is the second largest integrated phosphate producer in the world and one of the largest producers and marketers of phosphate-based animal feed ingredients in North A...
The Mosaic Company (Mosaic) produces and markets concentrated phosphate and potash crop nutrients worldwide.
The company, through its broad product offering, is a single source supplier of phosphate- and potash-based crop nutrients and animal feed ingredients.
The company serves customers in approximately 40 countries. The company is the second largest integrated phosphate producer in the world and one of the largest producers and marketers of phosphate-based animal feed ingredients in North America and Brazil. The company is the leading fertilizer production and distribution company in Brazil.
The company mines phosphate rock in Florida, Brazil and Peru. The company processes rock into finished phosphate products at facilities in Florida, Louisiana and Brazil. The company is typically one of the top four global potash producers in the world. The company mines potash in Saskatchewan, New Mexico and Brazil. The company has other production, blending or distribution operations in Brazil, China, India and Paraguay. The company’s operations serve the top four nutrient-consuming countries in the world: China, India, the U.S., and Brazil.
The company conducts its business through wholly- and majority-owned subsidiaries, as well as businesses in which it owns less than a majority or a non-controlling interest. The company accounts for approximately 11% of estimated global annual phosphate production. The company also accounts for approximately 12% of estimated global annual potash production.
Segment
The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes.
Phosphates Segment
The company’s Phosphates business segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana which produce concentrated phosphate crop nutrients. The company has a 75% economic interest in the Miski Mayo Phosphate Mine in Peru (‘Miski Mayo Mine’), which is included in the results of its Phosphates segment.
The company sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally. The company accounts for approximately 66% of estimated North American annual production of concentrated phosphate crop nutrients.
The U.S. Phosphate Crop Nutrients and Animal Feed Ingredients
The company’s U.S. Phosphates operations have capacity to produce approximately 4.5 million tonnes of phosphoric acid (‘P2O5’) per year, or about 7% of world annual capacity and about 60% of North American annual capacity. P2O5 is produced by reacting finely ground phosphate rock with sulfuric acid. P2O5 is the key building block to produce high analysis or concentrated phosphate crop nutrients and animal feed products and is the most comprehensive measure of phosphate capacity and production and a commonly used benchmark in the company’s industry. The company’s U.S. P2O5 production totaled approximately 2.9 million tonnes during 2024. The company’s U.S. operations account for approximately 6% of estimated global annual production and 53% of estimated North American annual output of P2O5.
The company’s phosphate crop nutrient products are marketed worldwide to crop nutrient manufacturers, distributors, retailers and farmers. The company’s principal phosphate crop nutrient products are:
Diammonium Phosphate: Diammonium Phosphate (‘DAP’) is the most widely used high-analysis phosphate crop nutrient worldwide. DAP is produced by first combining phosphoric acid with anhydrous ammonia in a reaction vessel. This initial reaction creates a slurry that is then pumped into a granulation plant where it is reacted with additional ammonia to produce DAP. DAP is a solid granular product that is applied directly or blended with other solid plant nutrient products, such as urea and potash.
Monoammonium Phosphate: Monoammonium Phosphate (‘MAP’) is the second most widely used high-analysis phosphate crop nutrient. MAP is also produced by first combining phosphoric acid with anhydrous ammonia in a reaction vessel. The resulting slurry is then pumped into the granulation plant where it is reacted with additional P2O5 to produce MAP. MAP is a solid granular product that is applied directly or blended with other solid plant nutrient products.
MicroEssentials is a value-added ammoniated phosphate product that is enhanced through a patented process that creates very thin platelets of sulfur and other micronutrients, such as zinc, on the granulated product. The patented process incorporates both the sulfate and elemental forms of sulfur, providing season-long availability to crops.
Production of the company’s animal feed ingredients products. The company markets its feed phosphate primarily under the leading brand names of Biofos and Nexfos.
The P2O5 produced at Uncle Sam is shipped to Faustina, where it is used to produce DAP, MAP and MicroEssentials. The company’s Faustina plant also manufactures ammonia that is mostly consumed in its concentrate plants.
The company produced approximately 6.3 million tonnes of concentrated phosphate crop nutrients during 2024 and accounted for approximately 66% of estimated North American annual production.
Phosphate Rock
Phosphate rock is the key mineral used to produce phosphate crop nutrients and feed phosphate. The company’s Florida phosphate rock mines produced approximately 8.9 million tonnes in 2024 and accounted for approximately 47% of estimated North American annual production. The company is the world’s second largest miner of phosphate rock (excluding China) and operates four mines in North America with a combined annual capacity of 17.2 million tonnes. Additionally, the company owns 75% of the Miski Mayo Mine, which has an annual capacity of 4.8 million tonnes. Production of one tonnes of DAP requires between 1.6 and 1.7 tonnes of phosphate rock.
All the company’s wholly owned phosphate mines and related mining operations in North America are located in central Florida. During 2024, the company operated three active mines in Florida: Four Corners, South Fort Meade and Wingate. The company plans to explore and develop the DeSoto property and the South Pasture property, which was previously idled, to offset future depletion at its Florida properties. The company has a 75% economic interest in the Miski Mayo Mine, which allows it to supplement its other produced rock to meet the company’s overall fertilizer production needs and is the primary source of rock for its Louisiana operations. The company is the right to use or sell to third parties 75% of the Miski Mayo Mine’s annual production.
Sulfur
The company uses molten sulfur at its phosphate concentrates plants to produce sulfuric acid, primarily for use in the company’s production of P2O5. The company purchased approximately 3.0 million long tonnes of sulfur during 2024. The company purchases the majority of this sulfur from North American oil and natural gas refiners who are required to remove or recover sulfur during the refining process. Production of one ton of DAP requires approximately 0.40 long tonnes of sulfur. The company procures its sulfur from multiple sources and receive it by truck, rail, barge and vessel, either directly at the company’s phosphate plants or have it sent for gathering to terminals that are located on the U.S. gulf coast. In addition, the company uses formed sulfur received through Tampa, Florida ports, which are delivered by truck to its New Wales facility and melted through the company’s sulfur melter.
The company owns and operates sulfur terminals in Riverview and Tampa, Florida, along with Galveston, Texas and Faustina, Louisiana. The company also leases terminal space in Beaumont, Texas. The company has long-term time charters on two ocean-going tugs/barges and one ocean-going vessel that transports molten sulfur from the Texas terminals to Tampa. The company then further transports by truck to its Florida phosphate plants. The company’s sulfur logistic assets also include a large fleet of leased railcars that supplement its marine sulfur logistic system. The company’s Louisiana operations are served by truck from nearby refineries.
Ammonia
The company uses ammonia together with P2O5 to produce DAP, MAP and MicroEssentials. The company consumed approximately 1.0 million tonnes of ammonia during 2024. Production of one ton of DAP requires approximately 0.23 tonnes of ammonia. The company purchases approximately one-third of its ammonia from various suppliers in the spot market with the remaining two-thirds either purchased through the company’s ammonia supply agreement (the ‘CF Ammonia Supply Agreement’) with an affiliate of CF Industries Inc. (‘CF’) or produced internally at its Faustina, Louisiana location.
The company’s Florida ammonia needs are supplied under multi-year contracts with both domestic and offshore producers. Ammonia for the company’s Florida plants is terminaled through owned ammonia facilities at the Port of Tampa and Port Sutton, Florida. Ammonia is transported by pipeline from the terminals to the company’s production facilities.
Under the CF Ammonia Supply Agreement, the company purchased 556,232 metric tonnes in 2024. This contract terminated effective January 1, 2025. The company has agreements with various suppliers to ensure it has reliable sources of supply for ammonia to support competitive pricing in various market conditions.
The company produces ammonia at Faustina, Louisiana primarily for its own consumption. The company’s annual capacity is approximately 530,000 tonnes. From time to time, the company sells surplus ammonia to unrelated parties and/or may transport surplus ammonia to the Port of Tampa. In certain circumstances, the company sources ammonia from alternative sources to receive at Faustina.
Natural Gas for Phosphates
Natural gas is the primary raw material used to manufacture ammonia. At the company’s Faustina facility, ammonia is manufactured on site. The majority of natural gas is purchased through firm delivery contracts based on published index-based prices and is sourced from Texas and Louisiana via pipelines interconnected to the Henry Hub. The company uses over-the-counter swap and/or option contracts to forward price portions of future natural gas purchases. The company typically purchases approximately 12.0 million MM BTU of natural gas per year for use in ammonia production at Faustina.
The company’s ammonia requirements for its Florida operations are purchased rather than manufactured on site. Therefore, while the company typically purchases approximately 3.2 million MM BTU of natural gas per year in Florida, it is only used as a thermal fuel for various phosphate production processes.
Florida Land Holdings
The company has a significant landowner in the State of Florida, which has in the past been considered one of the fastest areas of population growth in the U.S. The company has land holdings totaling over 368,000 acres. These land holdings give Mosaic access to phosphate rock reserves and exist as fee simple, mining agreements or mineral rights. Some of the company’s land holdings are needed to operate its Phosphates business, while a portion of the company’s land assets, such as certain reclaimed properties, are no longer required for its ongoing operations. As a general matter, more of the company’s reclaimed property becomes available for uses other than for phosphate operations each year. The company’s real property assets are generally comprised concentrates plants, port facilities, phosphate mines, and other property, which it has acquired through the company’s presence in Florida. The company’s long-term future land use strategy is to optimize the value of its land assets.
Potash segment
The company is one of the leading potash producers in the world. The company mines and processes potash in Canada and the U.S. and sells potash in North America and internationally. The term ‘potash’ applies generally to the common salts of potassium. Muriate of potash (‘MOP’) is the primary source of potassium for the crop nutrient industry. Red MOP has traces of iron oxide. The granular and standard grade red MOP products are well suited for direct fertilizer application and bulk blending. White MOP has a higher percent potassium oxide (‘K2O’). White MOP, besides being well suited for the agricultural market, is used in many industrial applications. The company also produces a double sulfate of potash magnesia product, which it markets under its brand name K-Mag, at the company’s Carlsbad, New Mexico facility.
The company’s potash products are marketed worldwide to crop nutrient manufacturers, distributors and retailers; and are also used in the manufacturing of mixed crop nutrients, and to a lesser extent, in animal feed ingredients. The company also sells potash to customers for industrial use. In addition, the company’s potash products are used for de-icing and as a water softener regenerant.
The company sells potash throughout North America and internationally, principally as fertilizer, but also for use in industrial applications, and to a lesser degree, as animal feed ingredients.
In 2024, the company operated three potash mines in Canada, including two shaft mines and one solution mine, as well as one potash shaft mine in the U.S. Esterhazy, the largest potash mine in the world, has completed full ramp up of capacity and production. The K3 mine shaft expansion has been supplying the capacity and production needed since the closure of the K1 and K2 shafts in the second quarter of 2021. Decommissioning of the K1 and K2 shafts at the company’s Esterhazy, Saskatchewan mine was completed in 2022.
Mosaic leases approximately 291,500 acres of mineral rights from the government of Saskatchewan, and approximately 99,700 acres of freehold mineral rights in the Kronau/Regina area, which have not been developed.
The company’s North American potash annualized operational capacity totals 11.5 million tonnes of product per year and accounts for approximately 14% of world annual capacity and 41% of North American annual operational capacity. Production during 2024 totaled 8.8 million tonnes. The company accounts for approximately 12% of estimated world annual production and 35% of estimated North American annual production.
Natural Gas
Natural gas is used at the company’s Belle Plaine solution mine as a fuel to produce steam and to dry potash products. The steam is used to generate electricity and provide thermal energy to the evaporation, crystallization and solution mining processes. The Belle Plaine solution mine typically accounts for approximately 80% of the company’s Potash segment’s total natural gas requirements for potash production. At the company’s shaft mines, natural gas is used as a fuel to heat fresh air supplied to the shaft mines and for drying potash products. Combined natural gas usage for both the solution and shaft mines totaled 17.2 million MM BTU during 2024. The company purchases its natural gas requirements on firm delivery index price-based physical contracts and on short-term spot-priced physical contracts. The company’s Canadian operations purchase physical natural gas from companies in Alberta and Saskatchewan using AECO price indices references and transport the gas to its plants via the TransGas pipeline system. The U.S. potash operation in New Mexico purchases physical gas in the southwest respective regional market using the El Paso San Juan Basin market pricing reference. The company uses financial derivative contracts to manage the pricing on portions of its natural gas requirements.
Mosaic Fertilizantes Segment
The company’s Mosaic Fertilizantes segment owns and operates mines, chemical plants, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil and Paraguay, which produce and sell concentrated phosphate crop nutrients, phosphate-based animal feed ingredients and potash fertilizer.
In addition to five phosphate rock mines, four chemical plants and a potash mine in Brazil, this segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil and Paraguay. The Mosaic Fertilizantes segment also serves as a distribution outlet for the company’s Phosphates and Potash segments.
The company accounts for approximately 70 to 80% of estimated annual production of concentrated phosphate crop nutrients in Brazil and 100% of estimated annual potash production in Brazil.
In April 2024, the company entered into an agreement with Saudi Arabian Mining Company (“Ma’aden”) to exchange its 25% ownership of the Ma'aden Wa’ad al Shamal Phosphate Company. The transaction closed on December 24, 2024.
The company is the largest producer and one of the largest distributors of blended crop nutrients for agricultural use in Brazil. The company produces and sells phosphate- and potash-based crop nutrients, and animal feed ingredients through its operations. The company’s operations in Brazil include five phosphate mines, four chemical plants and a potash mine. The company owns and operates ten blending plants in Brazil and one blending plant and port in Paraguay. The company is constructing a one-million-ton distribution facility in northern Brazil in Palmeirante. In addition, the company leases several other warehouses and blending units depending on sales and production levels. The company also has a 62% ownership interest in Fospar, S.A. (‘Fospar’). In 2024, Mosaic Fertilizantes sold approximately 9.0 million tonnes of crop nutrient products and accounted for approximately 18% of fertilizer shipments in Brazil.
The company has the capability to annually produce approximately 4.5 million tonnes of phosphate- and potash-based crop nutrients and animal feed ingredients. Crop nutrient products produced are marketed to crop nutrient manufacturers, distributors, retailers, and farmers.
In addition to producing crop nutrients, Mosaic Fertilizantes purchases phosphate, potash and nitrogen products, which are either used to produce blended crop nutrients (‘Blends’) or for resale. In 2024, Mosaic Fertilizantes purchased 1.2 million tonnes of phosphate-based products, primarily MicroEssentials, from the company’s Phosphates segment, and 2.2 million tonnes of potash products from its Potash segment and Canpotex.
Phosphate Crop Nutrients and Animal Feed Ingredients
The company’s Brazilian phosphate operations have capacity to produce approximately 1.1 million tonnes of P2O5 per year, or about 62% of Brazilian annual capacity. Phosphoric acid is produced by reacting ground phosphate rock with sulfuric acid. P2O5 is the key building block to produce high analysis or concentrated phosphate crop nutrients and animal feed products and is the most comprehensive measure of phosphate capacity and production and a commonly used benchmark in the company’s industry. The company’s Brazilian phosphoric acid production totaled approximately 1.0 million tonnes in 2024 and accounted for approximately 89% of Brazilian annual output.
The company’s principal phosphate crop nutrient products are:
Monoammonium Phosphate (‘MAP’): MAP is a crop nutrient composed of two macronutrients, nitrogen and phosphoric acid. This slurry is added inside a rotary drum type granulator with ammonia to complete the neutralization reaction and produce MAP.
Triple superphosphate (‘TSP’): TSP is a highly concentrated phosphate crop nutrient. TSP is produced from the phosphate rock reaction with phosphoric acid in a kuhlmann type reactor. The process to produce TSP in Brazil is run of pile where the product undergoes a curing process of approximately seven days for later granulation.
Single superphosphate (‘SSP’): SSP is a crop nutrient with a low concentration of phosphorus that is used in agriculture because of the sulfur content in its formulation. SSP is produced from mixing phosphate rock with sulfuric acid in a kuhlmann or malaxador type reactor. After the reaction, the product goes to the curing process and then feeds the granulation units.
Dicalcium phosphate (‘DCP’): Dicalcium phosphate is produced by the reaction of desulphurized phosphoric acid with limestone. At Uberaba, it is produced from the reaction of concentrated phosphoric acid with limestone slurry. At Cajati, the phosphoric acid is diluted with dry limestone. The reaction of the DCP occurs in a kuhlmann or spinden type reactor.
The company’s primary mines and chemical plants are located in the states of Minas Gerais, São Paulo, and Goias. Production of the company’s animal feed ingredients products is located at its Uberaba, Minas Gerais and Cajati, São Paulo facilities. The company markets its feed phosphate primarily under the brand name Foscálcio.
The phosphoric acid produced at Cajati is used to produce DCP. The phosphoric acid produced at Uberaba is used to produce MAP, TSP and DCP.
The company produced approximately 2.6 million tonnes of concentrated phosphate crop nutrients during 2024, which accounted for approximately 48% of estimated Brazilian annual production.
Phosphate Rock
Phosphate rock is the key mineral used to produce phosphate crop nutrients and animal feed product. The company’s phosphate rock production in Brazil totaled approximately 3.9 million tonnes in 2024, which accounted for approximately 74% of estimated Brazilian annual production. The company is the largest producer of phosphate rock in Brazil and has an annual capacity of approximately 4.6 million tonnes. During 2024, the company operated five properties; Araxá, Patrocínio and Tapira in the state of Minas Gerais; Catalão in the state of Goiás; and Cajati in the state of São Paulo.
Production of one ton of MAP requires 1.6 to 1.7 tonnes of phosphate rock. Production of one ton of SSP requires between 0.6 to 0.7 tonnes of phosphate rock. Production of one ton of TSP requires 1.4 tonnes of phosphate rock.
Sulfur
The company uses molten sulfur at its phosphate concentrates plants to produce sulfuric acid, one of the key components used in the production of phosphoric acid. The company consumed approximately 1.0 million long tonnes of sulfur for its own production during 2024. The company purchases approximately 14% of the volume under annual supply agreements from oil and natural gas refiners, who are required to remove or recover sulfur during the refining process. The remaining 86% is purchased in the spot market. Sulfur is imported through the Tiplam port and transported by rail to the Uberaba plant and by truck to the Araxá and Cajati locations.
Ammonia
The company uses ammonia, together with phosphoric acid, to produce MAP, and to a lesser extent for SSP production. The company consumed approximately 118,280 tonnes of ammonia during 2024. Production of one ton of MAP requires approximately 0.137 ton of ammonia. The company purchases all its ammonia under a long-term supply agreement with two suppliers. Ammonia is imported through the Tiplam port and transported by truck to Uberaba, Araxá and Catalão.
The company owns approximately 1% of the Tiplam terminal in Santos, São Paulo. The company’s ownership percentage, along with a contractual agreement, guarantee its unloading priority for ammonia and provide its unloading capacity for rock, sulfur and crop nutrients.
Brazilian Potash
The company conducts potash operations through the leased Taquari-Vassouras shaft mine, which is the only potash mine in Brazil, located in Rosário do Catete in the Brazilian state of Sergipe. The company also owns a related refinery at the site. The company produces and sells potash product domestically. MOP is the primary source of potassium for the crop nutrient industry in Brazil. Red MOP has traces of iron oxide. The granular and standard grade red MOP products are well-suited for direct fertilizer application and bulk blending. The company’s potash product is marketed in Brazil to crop nutrient manufacturers, distributors and retailers and is also used in the manufacturing of crop nutrients.
Land Holdings
Mosaic Fertilizantes owns properties and the surface rights of certain rural lands comprising over 34,000 hectares (84,000 acres) in the states of São Paulo, Minas Gerais, Goiás, Paraná, Mato Grosso, Santa Catarina, Bahia and Sergipe; and has the right to mine additional properties, which contain phosphate rock or potash reserves. Most of the company’s land holdings are needed to operate its phosphate and potash production and fertilizer distribution businesses. The company’s real property assets are generally comprised concentrates plants, port facilities and phosphate and potash mines, crop nutrient blending and bagging facilities, and other properties, which the company has acquired through its presence in Brazil.
India and China Distribution Businesses
The company’s China and India distribution businesses market phosphate-, potash-, and nitrogen-based crop nutrients; and provide other ancillary services to wholesalers, cooperatives, independent retailers, and farmers in the Asia-Pacific regions. These operations provide the company’s Phosphates and Potash segments access to key markets outside of North and South America and serve as a marketing agent for its Phosphates segment. In 2024, the India and China operations purchased 25,233 tonnes of phosphate-based products from the company’s Phosphates segment, and 1,077,567 tonnes of potash products from the company’s Potash segment and Canpotex. They also purchase phosphate, potash and nitrogen products from unrelated third parties, which the company either uses to produce blended crop nutrients or for resale.
In China, the company owns two 300,000-tonne per year capacity blending plants. In 2024, the company sold approximately 325,000 tonnes of Blends and distributed another 850,000 tonnes of phosphate and potash crop nutrients in China.
In India, the company has distribution facilities to import and sell crop nutrients. In 2024, the company distributed approximately 201,000 tonnes of potash crop nutrient products in India.
Sales and Distribution Activities
The United States and Canada
The company has the U.S. and Canada sales and marketing team that serves its business segments. The company sells to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts.
In addition to the company’s production facilities, to service the needs of its customers, the company owns or has contractual throughput or other arrangements at strategically located distribution warehouses along or near the Mississippi and Ohio Rivers, as well as in other key agricultural regions of the U.S. and Canada. From these facilities, the company distributes Mosaic-produced phosphate and potash products for customers who in turn resell the product into the distribution channel or directly to farmers in the U.S. and Canada.
The company owns port facilities in Tampa, Florida which have deep water berth capabilities providing access to the Gulf Coast of the United States. The company also owns warehouse distribution facilities in: Rosemount, Minnesota; Pekin, Illinois; and Henderson, Kentucky.
In addition to the facilities that the company owns, the company’s U.S. distribution operations also include leased distribution space or contractual throughput agreements in other key geographical areas, including California, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, Texas, and Wisconsin.
The company’s Canadian customers include independent dealers and national accounts. The company also leases or owns warehouse facilities in Saskatchewan, Ontario, Quebec, and Manitoba in Canada.
International
Outside of the U.S. and Canada, the company markets its Phosphates segment’s products through the company’s Mosaic Fertilizantes segment and its China and India distribution businesses, as well as a sales force focused on geographies outside of North America. The countries that account for the largest amount of the company’s phosphates sales outside the U.S., by volume, are Canada, Brazil, Colombia, Australia and Argentina.
The company’s sales of potash products outside of the U.S. and Canada are made through Canpotex. Canpotex sales are allocated among its members based on peaking capacity. The company’s entitlement percentage of Canpotex was 36.2%, however in 2024 its percentage was 34.5% due to lower shipments as a result electrical equipment problem.
The company’s potash exports from Carlsbad are sold through its own sales force. The company also markets its Potash segment’s products through the company’s Mosaic Fertilizantes segment and its China and India distribution businesses, which acquire potash primarily through Canpotex. The countries that account for the largest amount of international potash sales, by volume, are Brazil, China, Indonesia, India and Belgium.
To service the needs of the company’s customers, its Mosaic Fertilizantes segment includes a network of strategically located sales offices, crop nutrient blending and bagging facilities, port terminals and warehouse distribution facilities that the company owns and operates. The blending and bagging facilities primarily produce Blends from phosphate, potash and nitrogen. The average product mix in the company’s Blends (by volume) contains approximately 22% nitrogen, 45% phosphate and 33% potash, although this mix differs based on seasonal and other factors. All the company’s production in Brazil is consumed within the country.
The company’s India and China distribution businesses also includes a network of strategically located sales offices, crop nutrient blending and bagging facilities, port terminals and warehouse distribution facilities. These businesses serve primarily as a sales outlet for its North American phosphate production, both for resale and as an input for Blends. The company’s Potash segment also has historically furnished the majority of the raw materials needs for the production of Blends, primarily via Canpotex, and is expected to continue to do so in the future.
Other Products
With a strong brand position in a multi-billion-dollar animal feed ingredients global market, the company’s Phosphates segment supplies animal feed ingredients for poultry and livestock to customers in North America, Latin America, and Asia. The company’s potash sales to non-agricultural users are primarily to large industrial accounts and the animal feed industry. Additionally, in North America, the company sells potash for de-icing and as a water softener regenerant. In Brazil, the company also sells phosphogypsum.
In 2023, the company announced the formation of the Mosaic Biosciences platform, a global initiative to bring the latest science and innovation to the agricultural market. The Mosaic Biosciences portfolio includes biological fertilizer complements, which improve nutrient use efficiency and enhance plant growth and vigor.
The Mosaic Biosciences platform has grown through the acquisition of Plant Response in late 2021 and organically from the addition of new products. The company’s portfolio of products has been successful with customers and benefits greatly from its existing fertilizer distribution network to its customers. In 2024, Mosaic Biosciences reached 9 million acres of coverage in key markets this year.
History
The Mosaic Company was incorporated in 1987.
