Mosaic 3Q Results Improve, Remain in Loss Column

The Mosaic Co., Tampa, reported a third-quarter net loss attributable to the company of $6.2 million on net sales of $2.38 billion compared to the year-ago loss of $44.1 million and $2.75 billion, respectively. Mosaic said earnings were negatively impacted by notable items of $93 million after tax, of which $68 million resulted from noncash charges from an annual review of estimated future phosphate asset retirement obligations and an environmental remediation reserve.