The Mosaic Company is a Fortune 500 company based in Tampa, Florida which mines phosphate, potash, and collects urea for fertilizer, through various international distribution networks,[3] and Mosaic Fertilizantes.[4] It is the largest U.S. producer of potash and phosphate fertilizer.[5]
The Mosaic Company was formed in October 2004 by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers, retail dealers and individual growers worldwide. Its headquarters are in Tampa, Florida and it employs approximately 13,000 people in eight countries.[6]
Mosaic has approximately 10.4 million tonnes of operational potash capacity.[6] Mosaic currently owns potash mines or surface mills at; Belle Plaine, Colonsay, Esterhazy K1, Esterhazy K2, Esterhazy K3 and Carlsbad, with another potash mine recently purchased in Brazil during the Vale Fertilizantes acquisition. Colonsay mine and mill has been indefinitely idled and is currently in care and maintenance mode. Esterhazy K3, currently in development, consists of an underground mine and service/production shafts separate from the K1 and K2 underground mine that is beginning to supply the K1 and K2 surface facilities with ore.[7] Esterhazy K3 does not have surface milling and storage facilities, instead it is intended to replace the ore currently mined from the K1 and K2 mine. This shift in production will decrease brine management costs of the K1 and K2 mine, which stood at $108.0 million for 2020.
Mosaic is a member of Canpotex, an export association of Canadian potash producers through which they sell their Canadian potash outside the U.S. and Canada.
Mosaic has approximately 16.8 million tonnes of operational capacity for finished concentrated phosphates.[6] Mosaic is the largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined. It has a global distribution network made up of plants, port facilities, warehouses and sales offices. In 2013 Mosaic produced 7.6 million tons of concentrated phosphate crop nutrients and over 15 million tons of phosphate rock production.[9] In October, 2013, Mosaic reached an agreement to purchase the phosphate operations of CF Industries for 1.4 billion dollars, which eliminates the need for Mosaic to spend an additional billion dollars to build a new processing facility in Hardee County, Florida to process the rock from their mines in that area.[10]
Phosphate mines are located in the Bone Valley Formation of the Peace River watershed in Central Florida:[8]
Mosaic owns a 25% stake of the Ma'aden Wa'ad Al Shamal Phosphate Company joint venture in Saudi Arabia.
With the completion of the Vale Fertilizantes acquisition in January, 2018, an additional 5 Brazilian phosphate rock mines, 4 chemical plants and an additional 40% economic interest in the Miski Mayo mine were purchased.[11]
Carbon footprintedit
The Mosaic Company reported Total CO2e emissions (Direct + Indirect) for 31 December 2020 at 4,920 Kt (+340/+7.4% y-o-y).[12] There is little evidence of a consistent declining trend as yet.
The Mosaic Company's Total CO2e emissions (Direct + Indirect) (in kilotonnes)
This section is in list format but may read better as prose. You can help by converting this section, if appropriate. Editing help is available.(May 2018)
2023
August: Mosaic Board of Directors elects Bruce Bodine to succeed Joc O'Rourke as Mosaic's CEO effective January 1, 2024. Bruce will serve as Mosaic President and Member of the Board of Directors effective immediately.[15]
2018
January: Mosaic completes acquisition of Vale Fertilizantes.[16]
2015
August: Joc O'Rourke succeeds Jim Prokopanko as Mosaic's president and CEO.[17]
2014
December: Mosaic acquires Archer Daniels Midland Company's (ADM) fertilizer distribution business in Brazil and Paraguay.[18]
July: Cargill acquired Mosaic's Hersey, Michigan salt plant.[19]
2013
November: Mosaic closed the potash operations at their Hersey, Michigan facility.[19]
2011
May: Mosaic and Cargill complete the transaction to split off and distribute Cargill's stake in Mosaic.[20]
January: Mosaic and Cargill agree to split off and orderly distribute Cargill's stake in Mosaic.[21]
2007
January: Jim Prokopanko succeeds Fritz Corrigan as president and CEO of Mosaic.[22]
2006
July: Jim Prokopanko named Mosaic Chief Operating Officer.[23]
^MarketScreener. "THE MOSAIC COMPANY : Shareholders Board Members Managers and Company Profile | MarketScreener". www.marketscreener.com. Retrieved 2020-05-21.
^"Mosaic Company Form 8-K12B, Filing May 25, 2011" (PDF). secdatabase.com. Retrieved February 20, 2013.
^"Cargill to Split Off 64% Stake in Mosaic to Holders". Bloomberg. Retrieved February 20, 2013.
^"Mosaic Company Form 8-K, Filing October 3, 2006" (PDF). secdatabase.com. Retrieved February 20, 2013.
^"Mosaic Company Form 8-K, Filing July 12, 2006" (PDF). secdatabase.com. Retrieved February 20, 2013.
^"The Mosaic Company Launches Today as Newest Fortune 500-sized, NYSE-listed firm" (PDF). October 25, 2004. Retrieved February 23, 2013.
^"Cargill and IMC Global to Combine Fertilizer Units". The New York Times. Retrieved February 20, 2013.
External linksedit
Official website
Business data for The Mosaic Company:
Bloomberg
Google
SEC filings
Yahoo!
February 16, 2024
mosaic, company, fortune, company, based, tampa, florida, which, mines, phosphate, potash, collects, urea, fertilizer, through, various, international, distribution, networks, mosaic, fertilizantes, largest, producer, potash, phosphate, fertilizer, company, ty. The Mosaic Company is a Fortune 500 company based in Tampa Florida which mines phosphate potash and collects urea for fertilizer through various international distribution networks 3 and Mosaic Fertilizantes 4 It is the largest U S producer of potash and phosphate fertilizer 5 The Mosaic CompanyCompany typePublicTraded asNYSE MOSS amp P 500 ComponentIndustryAgricultureFertilizerPredecessorIMC GlobalCargill crop nutrition division FoundedOctober 22 2004 19 years ago 2004 10 22 through combination of IMC Global Inc and Cargill IncorporatedHeadquartersTampa Florida U S Key peopleGregory L Ebel Chairman Bruce Bodine President amp CEO ProductsAspireFeedK MagMicroEssentialsPegasusPhosphatePotashUreaRevenueUS 12 36 billion 2021 1 Operating incomeUS 465 7 million 2017 Net incomeUS 1 6 billion 2021 Total assetsUS 22 04 billion 2021 Total equityUS 10 75 billion 2021 Number of employees 13 000 2021 WebsiteMosaicCo comFootnotes references 2 Contents 1 Overview 2 Products 2 1 Potash 2 2 Phosphate 3 Carbon footprint 4 Timeline 5 References 6 External linksOverview editThe Mosaic Company was formed in October 2004 by a merger between IMC Global a fertilizer company formed in 1909 and Cargill s crop nutrition division It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers retail dealers and individual growers worldwide Its headquarters are in Tampa Florida and it employs approximately 13 000 people in eight countries 6 Products editPotash edit nbsp K3 North Shaft headframe Esterhazy SaskatchewanMosaic has approximately 10 4 million tonnes of operational potash capacity 6 Mosaic currently owns potash mines or surface mills at Belle Plaine Colonsay Esterhazy K1 Esterhazy K2 Esterhazy K3 and Carlsbad with another potash mine recently purchased in Brazil during the Vale Fertilizantes acquisition Colonsay mine and mill has been indefinitely idled and is currently in care and maintenance mode Esterhazy K3 currently in development consists of an underground mine and service production shafts separate from the K1 and K2 underground mine that is beginning to supply the K1 and K2 surface facilities with ore 7 Esterhazy K3 does not have surface milling and storage facilities instead it is intended to replace the ore currently mined from the K1 and K2 mine This shift in production will decrease brine management costs of the K1 and K2 mine which stood at 108 0 million for 2020 Mosaic is a member of Canpotex an export association of Canadian potash producers through which they sell their Canadian potash outside the U S and Canada Potash mines are located in 8 Carlsbad New Mexico 32 24 43 N 103 56 20 W 32 412 N 103 939 W 32 412 103 939 Belle Plaine Saskatchewan 50 25 44 N 105 11 56 W 50 429 N 105 199 W 50 429 105 199 Colonsay Saskatchewan 51 55 41 N 105 45 58 W 51 928 N 105 766 W 51 928 105 766 Esterhazy Saskatchewan K1 50 43 44 N 101 55 44 W 50 729 N 101 929 W 50 729 101 929 Esterhazy Saskatchewan K2 50 39 36 N 101 50 46 W 50 660 N 101 846 W 50 660 101 846 Esterhazy Saskatchewan K3 50 38 38 N 101 59 35 W 50 644 N 101 993 W 50 644 101 993 Phosphate edit Mosaic has approximately 16 8 million tonnes of operational capacity for finished concentrated phosphates 6 Mosaic is the largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined It has a global distribution network made up of plants port facilities warehouses and sales offices In 2013 Mosaic produced 7 6 million tons of concentrated phosphate crop nutrients and over 15 million tons of phosphate rock production 9 In October 2013 Mosaic reached an agreement to purchase the phosphate operations of CF Industries for 1 4 billion dollars which eliminates the need for Mosaic to spend an additional billion dollars to build a new processing facility in Hardee County Florida to process the rock from their mines in that area 10 Phosphate mines are located in the Bone Valley Formation of the Peace River watershed in Central Florida 8 Fort Meade 27 38 53 N 81 45 25 W 27 648 N 81 757 W 27 648 81 757 South Pasture 27 35 10 N 81 56 31 W 27 586 N 81 942 W 27 586 81 942 Four Corners 27 42 54 N 82 08 28 W 27 715 N 82 141 W 27 715 82 141 Wingate Creek 27 30 22 N 82 07 48 W 27 506 N 82 130 W 27 506 82 130 Fort Lonesome 27 42 54 N 82 09 00 W 27 715 N 82 150 W 27 715 82 150 Closed Mosaic owns a 25 stake of the Ma aden Wa ad Al Shamal Phosphate Company joint venture in Saudi Arabia With the completion of the Vale Fertilizantes acquisition in January 2018 an additional 5 Brazilian phosphate rock mines 4 chemical plants and an additional 40 economic interest in the Miski Mayo mine were purchased 11 Carbon footprint editThe Mosaic Company reported Total CO2e emissions Direct Indirect for 31 December 2020 at 4 920 Kt 340 7 4 y o y 12 There is little evidence of a consistent declining trend as yet The Mosaic Company s Total CO2e emissions Direct Indirect in kilotonnes Dec 2018 Dec 2019 Dec 20205 270 13 4 580 14 4 920 12 Timeline editThis section is in list format but may read better as prose You can help by converting this section if appropriate Editing help is available May 2018 2023 August Mosaic Board of Directors elects Bruce Bodine to succeed Joc O Rourke as Mosaic s CEO effective January 1 2024 Bruce will serve as Mosaic President and Member of the Board of Directors effective immediately 15 2018 January Mosaic completes acquisition of Vale Fertilizantes 16 2015 August Joc O Rourke succeeds Jim Prokopanko as Mosaic s president and CEO 17 2014 December Mosaic acquires Archer Daniels Midland Company s ADM fertilizer distribution business in Brazil and Paraguay 18 July Cargill acquired Mosaic s Hersey Michigan salt plant 19 2013 November Mosaic closed the potash operations at their Hersey Michigan facility 19 2011 May Mosaic and Cargill complete the transaction to split off and distribute Cargill s stake in Mosaic 20 January Mosaic and Cargill agree to split off and orderly distribute Cargill s stake in Mosaic 21 2007 January Jim Prokopanko succeeds Fritz Corrigan as president and CEO of Mosaic 22 2006 July Jim Prokopanko named Mosaic Chief Operating Officer 23 2004 October The Mosaic Company NYSE MOS begins trading on the New York Stock Exchange 24 June Mosaic announced as the chosen name for the newly formed company January The crop nutrition business of Cargill Inc and IMC Global enter into a definitive agreement to form a new crop nutrition company 25 References edit SEC Form 10 K The Mosaic Company U S Securities and Exchange Commission Retrieved September 19 2022 US SEC Form 10 K The Mosaic Company U S Securities and Exchange Commission Retrieved March 7 2018 MarketScreener THE MOSAIC COMPANY Shareholders Board Members Managers and Company Profile MarketScreener www marketscreener com Retrieved 2020 05 21 Mosaic MOS Forbes Retrieved 2020 05 21 Bloomberg Mosaic Says Fertilizer Prices to Remain Challenging Into 2014 5 November 2013 Archived from the original on November 5 2013 a b c Facts About Mosaic Archived from the original on 2018 03 07 Retrieved 2018 03 06 Esterhazy K3 Archived from the original on 2018 02 15 Retrieved 2018 02 14 a b Global Presence Map Archived from the original on February 26 2019 Retrieved February 20 2013 Editorial Reuters Instrument CompanyName Instrument Ric Company Profile Reuters com U S a href Template Cite web html title Template Cite web cite web a first has generic name help Mosaic buys CF Industries Tampa area phosphate facilities 28 October 2013 Archived from the original on 22 June 2018 Retrieved 9 January 2014 Mosaic Vale Fertilizantes Deal Repricing A Tailwind Seeking Alpha a b The Mosaic Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 11 2021 Alt URL The Mosaic Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 11 2021 Alt URL The Mosaic Company s Sustainability Report for 2020Q4 PDF Archived from the original PDF on September 11 2021 Alt URL BRUCE BODINE TO SUCCEED JOC O ROURKE AS PRESIDENT AND CEO OF THE MOSAIC COMPANY Retrieved December 11 2023 Mosaic Completes Acquisition of Vale Fertilizantes www mosaicco com Archived from the original on 15 February 2018 Retrieved 23 April 2018 Joc O Rourke To Succeed Jim Prokopanko As Mosaic President And CEO mosaicco com Archived from the original on October 24 2015 Retrieved February 3 2016 Mosaic completes acquisition of ADM fertilizer distribution business a b Cargill acquires Hersey salt business Mosaic Company Form 8 K12B Filing May 25 2011 PDF secdatabase com Retrieved February 20 2013 Cargill to Split Off 64 Stake in Mosaic to Holders Bloomberg Retrieved February 20 2013 Mosaic Company Form 8 K Filing October 3 2006 PDF secdatabase com Retrieved February 20 2013 Mosaic Company Form 8 K Filing July 12 2006 PDF secdatabase com Retrieved February 20 2013 The Mosaic Company Launches Today as Newest Fortune 500 sized NYSE listed firm PDF October 25 2004 Retrieved February 23 2013 Cargill and IMC Global to Combine Fertilizer Units The New York Times Retrieved February 20 2013 External links editOfficial website Business data for The Mosaic Company BloombergGoogleSEC filingsYahoo Retrieved from https en wikipedia org w index php title The Mosaic Company amp oldid 1206789487, wikipedia, wiki, book, books, library,
