MOS · 10-Q · 2026Q2 · Full report

Acquisitions and Divestitures

MOSAIC CO · 2026-08-05 · Importance 47 · Surprise 60 · In source text

Mosaic completed the sale of its Carlsbad, New Mexico potash mine on April 30, 2026 for a $20 million purchase price subject to adjustment, plus a $10 million deferred payment payable from 2029 through 2031. The transaction generated approximately $2 million of cash proceeds and a $6.2 million second-quarter impairment loss. Mosaic committed in March 2026 to divest the Araxá mining and chemical complex in Brazil and idle related mining activities at Patrocínio. The Araxá and Patrocínio actions produced approximately $482 million of six-month expense, including a $232.6 million Araxá held-for-sale impairment and $159 million of contract, asset, inventory, severance and other charges.

Key facts

• Recorded loss on assets to be sold of $6.2 million for the three months ended June 30, 2026 related to completion of sale of Carlsbad facility; and $238.8 million for the six months ended June 30, 2026 which included an impairment loss of approximately $232.6 million related to classifying Araxá disposal group as held for sale. source
• Closed sale of Carlsbad potash mine in New Mexico on April 30, 2026 for a total purchase price of $20 million subject to adjustment, with deferred payment of $10 million payable in three installments from 2029 to 2031; received cash proceeds of approximately $2 million and the deferred payment of $10 million; recognized additional impairment loss of $6.2 million in Q2 2026. source
• We received proceeds from the sale of assets of $34.6 million for the six months ended June 30, 2026, compared to $5.8 million in the prior year period. source
• The effectiveness of the processes we put in place to manage our significant strategic priorities and to successfully integrate and grow acquired businesses is identified as a factor that could affect results. source

Impact estimates