The Mosaic Company (NYSE: MOS) is the world's leading integrated producer and marketer of concentrated phosphate and potash crop nutrients. Founded in 2004 through the combination of IMC Global Inc. and Cargill's fertilizer businesses, Mosaic employs approximately 13,000 people in nine operating countries.
Mosaic's business segments include:
Phosphates: Owns and operates mines and production facilities in Florida and Louisiana, producing concentrated phosphate crop nutrients and animal feed ingredients. Also has operations in Peru and Saudi Arabia.
Potash: Owns and operates potash mines and production facilities in Canada and the US, producing potash-based crop nutrients, animal feed ingredients and industrial products.
Mosaic Fertilizantes: Includes phosphate and potash operations in Brazil as well as a distribution business in South America.
Mosaic's mission is to help the world grow the food it needs. The company is focused on efficiently producing crop nutrients to help farmers increase yields and improve global food security. Mosaic has set Environmental, Social and Governance (ESG) performance targets, including goals to reduce greenhouse gas emissions and freshwater use. The company aims to achieve net-zero emissions in its Florida operations by 2030 and companywide by 2040.
In 2023, Mosaic reported net income of USD 1.2 billion on net sales of USD 13.7 billion. The company returned USD 1.1 billion to shareholders through dividends and share repurchases. Mosaic continues to invest in expanding production capacity, including the development of its new K3 potash mine in Saskatchewan. The company is also expanding into agricultural biologicals through its recently launched Mosaic Biosciences platform.
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