The Mosaic Company reported first quarter 2019 results. Highlights: Mosaic reported first quarter 2019 net earnings of $131 million compared to $42 million last year, and diluted earnings per share of $0.34 compared to $0.11 last year, both on revenues of $1.9 billion. For the period, adjusted EBITDA was $430 million compared to $399 million in the [...]
The Mosaic Company announced that Mosaic Fertilizantes will idle production at its Tapira and Catalão phosphate mines in Brazil. The company currently has the rock and finished product inventory necessary to meet near-term market requirements. During this period and as necessary, the Company will also ship phosphates from its operations in [...]
The Mosaic Company plans to release 2019 first quarter earnings results on Monday, May 6th, 2019, after the market close of the New York Stock Exchange. Mosaic expects to post performance data on its website in a tabular form immediately following the release of earnings. Historical performance data is currently available at [...]
The Mosaic Company is hosting an Analyst Day on Thursday, March 28, 2019, in Florida. The Company will present its current strategy, business unit performance and outlook through 2021. Presentations, scheduled to start at 8:00 a.m. EDT, will be webcast live and available on the Company's website at www.mosaicco.com/investors. A replay will also be [...]
The Mosaic Company today announced that it will reduce its phosphate production plans by 300,000 tons for the spring season. Mosaic has been monitoring U.S. markets and NOLA DAP prices, and has decided to reduce production due to continued weather concerns across key U.S. growing regions, along with higher than normal carryover inventory levels [...]
The Mosaic Company , reported fourth quarter and full year 2018 results and announced an increase of its annual dividend target to $0.20 per share. “Mosaic delivered strong fourth quarter results to complete a year of significant accomplishments and operational excellence,” said President and Chief Executive Officer Joc O’Rourke [...]
The Mosaic Company plans to release 2018 full year and fourth quarter earnings results on Monday, February 25th, 2019, after the market close of the New York Stock Exchange. Mosaic expects to post performance data on its website in a tabular form immediately following the release of earnings. Historical performance data is currently available at [...]
The Mosaic Company today announced that it has entered into a memorandum of understanding with Sinochem, China’s largest agricultural inputs company. As part of the MOU, Sinochem intends to purchase phosphate rock and phosphate fertilizers, including premium products, from Mosaic. “We are pleased to build on our promising relationship [...]
The Mosaic Company today announced that it has acquired the U.S. Army Corps of Engineers 404 permit for its Ona phosphate mine project in Hardee County, Florida. This was the final remaining permit for the project and secures 160.2 million tons of phosphate rock for future mining. The overall project covers 22,483 acres with 16,778 acres of land [...]
The Mosaic Company announced today that its Board of Directors declared a quarterly dividend of $0.025 per share on the Company’s common stock. The dividend will be paid on March 21, 2019, to stockholders of record as of the close of business on March 7, 2019. The declaration and payment of any future dividends is subject to approval by [...]
Mosaic has reached a major milestone in the development of our multi-year mine project at Esterhazy K3. As of December 18, 2018, we commissioned the production hoist and sent the first bucket of potash on the overland conveyor to the Esterhazy K2 mill. The commissioning of the K3 production hoist takes us one step closer to mitigating [...]
The Mosaic Company has announced that Joc O’Rourke, Mosaic’s President and Chief Executive Officer, will present at Citi’s 2018 Basic Materials Conference in New York, on Tuesday, November 27, 2018, at 2:45 p.m. Eastern Standard Time. The event will be webcast live, and available on the Company’s. An archive will also be [...]
