Mosaic to Idle Brazil Mines

The Mosaic Co, Plymouth, Minn., on April 11 said Mosaic Fertilizantes will idle production at its Tapira and Catalão phosphate mines in Brazil in order to comply with new Brazilian regulations governing mine tailings dams. Mosaic said it currently has the rock and finished product inventory necessary to meet near-term market requirements and that during this period and as necessary, it will also ship phosphates from its operations in Florida and rock from its Peruvian mine for use in Brazilian production to meet customer needs in Brazil.

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