The Mosaic Company (MOS) Divests Potash Operation in New Mexico for $30M to Focus on Canada Operations

Group 1 - The Mosaic Company has entered into a definitive agreement to sell its Potash operation in Carlsbad, New Mexico, for $30 million, which includes operations, assets, and liabilities [1][2] - The sale consists of an initial cash payment of $20 million and deferred cash consideration of $10 million, payable in three equal annual installments starting in 2029, with the transaction expected to close in the first half of 2026 [2] - Following the divestment, the company will concentrate on enhancing potash production in Saskatchewan, Canada, aligning with its strategy to streamline its asset base and focus on higher-return operations [3] Group 2 - Wall Street analysts maintain a consensus Moderate Buy rating for Mosaic, with a price target of $33, indicating a potential upside of 39%, although one analyst has lowered the target to $28, citing pressures from increased exports out of China [4] - The Mosaic Company is recognized as a global leader in crop nutrition, specializing in the mining, production, and distribution of essential fertilizer nutrients like potash and phosphate [5]