Mosaic’s Rare Earths Bet Could Revalue the Stock: What That Means for Investors

Quick Read Mosaic (MOS) formed a joint venture with Rainbow Rare Earths to extract neodymium and praseodymium from phosphogypsum waste at its Brazil facility, with target production in 2030 and a prefeasibility study underway, while MP Materials (MP) trades at 38.3x price-to-sales despite negative earnings. A Middle East supply shock is pushing fertilizer prices higher, but the stock faces headwinds from a DOJ antitrust probe and agricultural groups pressuring Mosaic over phosphate import duties. Weste ...