Mosaic Reports 3Q Potash, Phosphate Impacts

The Mosaic Co. announced on Sept. 16 that its Potash and Phosphate operations have sustained “operational challenges” that are expected to reduce production volumes and shipments in the third quarter of 2024.

In potash, Mosaic reported that it has encountered electrical equipment failures impacting both the Esterhazy and Colonsay mines in Saskatchewan. “These operational challenges in aggregate are expected to reduce the third quarter potash production and shipment volumes by 200,000-300,000 mt,” the company said.

Mosaic’s phosphate production volumes and shipments during the quarter were negatively impacted by weather events, including Hurricane Francine (GM Sept. 13, p. 1), with an estimated impact of 80,000-110,000 mt, the company reported. Mosaic’s Uncle Sam and Faustina phosphate operations are in Louisiana, where Francine made landfall on Sept. 11 as a Category 2 hurricane.