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Mosaic provides updates on potash and phosphate operations
Sep. 17, 2024
The Mosaic Company
United StatesFollow
United StatesThe Mosaic Company (NYSE:MOS) announces Potash and Phosphate operations sustained operational challenges that are expected to reduce production volumes and shipments in the third quarter of 2024.
In Potash, Mosaic has encountered electrical equipment failures impacting both the Esterhazy and Colonsay mines. These operational challenges in aggregate are expected to reduce the third quarter potash production and shipment volumes by 200-300 thousand tonnes.
In Phosphate, production volumes and shipments during the quarter have been negatively impacted by weather events including Hurricane Francine with an estimated aggregate impact of 80-110 thousand tonnes.
Source: Mosaic news release
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