Fertilizer | August 14, 2025
Mosaic to sell potash mining operations in Brazil to VL Mineracao for $27 million
Mosaic expects the transaction to close by the end of 2025
Mosaic expects the transaction to close by the end of 2025
This is the first-ever successful auction of Potash blocks by the Government of India, marking a major step towards unlocking domestic Potash resources
MoU advances Brazil Potash's commercialization strategy with second major potential partner
The agreement is within the framework of the five-year supply agreement with IPL for the years 2022-2027
As part of the MoU, Canpotex, Canada will supply upto 15 LMT of Potash annually for a period of 3 years to the Indian fertilizer companies
he divestment supports Yara’s transformation by reallocating capital and risk appetite towards its strategic focus areas.
Each shipment will be a minimum of 25,000 tons and equally distributed across the calendar year, with prices and payment terms to be fixed between IPL and ICL from time to time
The incremental production capability is expected to be added at a similar annual pace to the additions over the past two years
Both companies have signed MoU for supply of Potash for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT
Majority of additional volume is expected to be produced in the second half of the year.
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