Mosaic will halt phosphate plants in Araxá (MG) and Patrocínio (MG)

Mosaic announced this Wednesday (8) that it will to shut down two phosphate plants in Brazil, reduce your workforce and cut about 1 million tons in annual productionAs part of a plan to contain costs, reallocate capital, and move forward with asset sales, the company will begin the shutdown and demobilization of… Araxá Mining and Chemical Complex (MG)in addition to ending related mining activities in Patrocínio Complex (MG)The measures will result in a reduction in the workforce at both operations, although the company has not disclosed the number of workers affected. The decision comes amid a broader restructuring movement by Mosaic in the country, following periods of global fertilizer oversupply that pressured the company's prices and margins. In recent years, the company had already been reducing its presence in Brazil. In 2025, it sold the Taquari-Vassouras potassium mine (SE) and also halted operations at the phosphate mining unit in Patos de Minas (MG).

This text was translated by machine from Brazilian Portuguese.