Mosaic Announces Extension of Phosphate Production Curtailments in Brazil
Mosaic (NYSE:MOS) said it has extended temporary curtailments of single super phosphate (SSP) production at its Fospar and Araxa Brazil facilities by an additional 30 days, following an initial 30-day idling announced December 16, 2025.
Rhea-AI Summary
Mosaic (NYSE:MOS) said it has extended temporary curtailments of single super phosphate (SSP) production at its Fospar and Araxa Brazil facilities by an additional 30 days, following an initial 30-day idling announced December 16, 2025.
The company cited a sharp increase in sulfur prices and said it will continue to assess market conditions in the coming weeks. As a result of the extension, Mosaic does not intend to purchase sulfur in Brazil in the near term.
Positive
- Extended curtailment limits near-term sulfur procurement in Brazil
Negative
- SSP production at Fospar and Araxa idled for a total of 60 days
- Company will not purchase sulfur in Brazil in the near term
Details
News Market Reaction – MOS
In the Jan 21 session, MOS gained 2.29%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Initial curtailment length
- 30 days
- First SSP curtailment period at Fospar and Araxa in Brazil
- Extension length
- 30 days
- Additional period for extended SSP curtailments in Brazil
- Net sales
- $3,452.1 million
- Quarter ended September 30, 2025
- Diluted EPS
- $1.29
- Quarter ended September 30, 2025
- Senior notes issued
- $900,000,000
- Combined 2029 and 2030 senior unsecured notes offering
- 2029 notes
- $500,000,000
- 4.350% senior notes due 2029
- 2030 notes
- $400,000,000
- 4.600% senior notes due 2030
- Estimated net proceeds
- $893.5 million
- From the senior notes offering
Historical Context
-
Preliminary Q4 update with weaker phosphate shipments and cash flow.
-
Sale of Mosaic Potash Carlsbad for $30 million with deferred payments.
-
Announcement of a quarterly dividend of $0.22 per share.
-
Update on employee fatality at Esterhazy with operations set to resume.
-
Initial SSP production curtailments in Brazil after sulfur price spike.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
single super phosphate technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
TAMPA, FL / ACCESS Newswire / January 21, 2026 / As previously communicated on December 16th, 2025, due to the recent sharp increase in sulfur prices, Mosaic idled single super phosphate (SSP) production at its Fospar and Araxa facilities in Brazil for an initial 30-day period. Following review, the company has elected to extend these production curtailments by an additional 30 days. Mosaic will continue to assess market conditions in the coming weeks and will evaluate its production plans at that time. Due to the extended curtailment, Mosaic does not intend to purchase sulfur in Brazil in the near term.
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Through its Mosaic Biosciences platform, the company is also advancing the next generation biological solutions to help farmers improve nutrient use efficiency and crop performance sustainably. Mosaic provides a single-source supply of phosphate, potash, and biological products for the global agriculture industry. More information on the company is available at www.mosaicco.com.
Contacts:
Investors: Joan Tong, CFA, 863-640-0826 | Media: |
This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, statements regarding Mosaic's plans to idle SSP production for Fospar and Araxá, suspend sulfur purchases, and review production plans based on market conditions. Forward-looking statements are based on the views and assumptions of management as of the date of this release. They are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to: changes in raw material prices, global supply and demand dynamics, operating challenges, and other risks and uncertainties described in The Mosaic Company's reports filed with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements. The Mosaic Company assumes no obligation to update any forward-looking statements.
SOURCE: The Mosaic Company
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.