Produce of phosphate
and potash fertilizers.
3033 Campus Dr.
Plymouth, MN 55441
CEO: James Prokopanko
Stock Symbol: MOS
Mosaic is one of the world's leading producers
of concentrated phosphate and potash crop nutrients.
The company operates mining and processing
operations that produce high quality fertilizer and animal feed
ingredients. Mosaic offers all three crop nutrients (phosphate,
potash, and nitrogen), customized services that increase both
crop and economic yields, plus a rich legacy of experience and
Operation and distribution includes:
- Operates key distribution facilities
in 11 countries which serve customers in 33 countries
- Operates port terminals, warehouses and
blending and bagging facilities in nine countries
- Operates 16 phosphate rock mines and
plants, five potash production facilities and one nitrogen production
In 2007, Mosaic reported revenues of $5.7
billion and net income of $419.7 million.
Mosaic was formed in 2004 by combining
IMC Global and Cargill Crop Nutrition. Both companies have been
recognized around the world as leaders in the fertilizer industry
IMC Global dates back almost 100 years
to 1909 when entrepreneur Thomas Meadows started in the phosphate
mining business. In 1940 the company mined 50,000 tons of potash
from its Carlsbad, New Mexico plant; last year, IMC Global mined
approximately 1.7 million tons from the same location, helping
the company earn $2.2 billion in revenues in 2003.
It was a grain backhaul opportunity that
launched Cargill Crop Nutrition in the 1960s. Product was needed
to fill empty barges to make a profitable round-trip, so Cargill,
already a leading agribusiness company, entered the fertilizer
industry. From there the division grew to become one of the world's
top producers of phosphate and nitrogen fertilizer.
Updated June 2, 2008