Mosaic announces sale of Brazilian phosphate mining unit

Under terms of the final deal, Fosfatados Centro will assume responsibility for the mine and tailings dams in Patos de Minas, paying Mosaic US$111 million in cash, with US$51 million paid at closing and the balance of the purchase price to be paid in instalments over the following four years. Mosaic expects to record a book gain related to the transaction of US$80 - 90 million in the 4Q25.

"We are pleased to announce the completion of the sale of our Patos de Minas mine which allows us to redeploy capital to higher-returning areas to make Mosaic more agile and competitive. We expect Fosfatados Centro will restart the mining complex to supply phosphates to the Brazilian agricultural communities. We would like to thank all employees once again for their dedicated efforts at this facility over the past few years." Said Karen Swager, Mosaic's Executive Vice President, Operations.

"This agreement is an important initiative for the supply of specially customised phosphate fertilizers to the Cerrado of the Central-West, similar to what we already do successfully in MATOPIBA, in addition to representing another advancement in the National Fertilizer Plan," added Rodolfo Galvani Júnior, owner of Fosfatados Centro.

Read the article online at: https://www.worldfertilizer.com/phosphates/09102025/mosaic-announces-sale-of-brazilian-phosphate-mining-unit/