Mosaic reports production outage

The Mosaic Co. on March 31 announced an incident at its Esterhazy K2 potash mine involving a skip. The incident occurred in the later part of the first quarter and is not expected to materially impact first quarter potash results. The company estimates a loss of production in the range of 200,000 to 300,000 mt, which is expected to negatively impact second quarter sales volumes.

The company expects the skip to be repaired and resume operations in the next several days.