Mosaic Announces Agreement to Sell Mosaic Potash Carlsbad Inc to International Minerals Carlsbad, LLC

Core Viewpoint - The Mosaic Company has agreed to sell its Potash Carlsbad operations to International Minerals Carlsbad for a total of $30 million, which includes an initial cash payment and deferred payments [1] Group 1: Transaction Details - The sale includes the operations, assets, and liabilities of the Mosaic mine located in Carlsbad, New Mexico [1] - The initial cash purchase price is set at $20 million, with customary adjustments to be made at closing [1] - An additional deferred cash consideration of $10 million will be paid in three equal annual installments starting in 2029 [1]