Skip to main content

Vale completes sale of fertilizer business to Mosaic

Published by
World Fertilizer,


Vale has announced that it has completed the sale of its fertilizer business to Mosaic in accordance with the terms disclosed in the press release on 2 January 2018.

In the statement, Vale reaffirms the importance of the partnership with Mosaic as it enhances Vale’s exposure to the worldwide fertilizers market – especially the large and fast-growing agricultural regions of both Brazil and North America.

Vale claims that the proceeds will be used to strengthen its balance sheet, as well as to decrease its indebtedness, as part of its strategy to generate value for shareholders.

Read the article online at: https://www.worldfertilizer.com/nitrogen/09012018/vale-completes-sale-of-fertilizer-business-to-mosaic/

You might also like

Deal agreed for Burrup fertilizer plant

Perdaman has entered into an historic agreement with the Murujuga Aboriginal Corporation (MAC) as part of its plans to build a fertilizer manufacturing plant near Karratha.

 
 

Embed article link: (copy the HTML code below):