Core Insights - The Mosaic Company has completed the sale of its inactive Patos de Minas phosphate mining unit in Brazil to Fosfatados Centro for $111 million, with an expected book gain of $80-$90 million in Q4 2025 [1][7] Strategic Rationale - The sale allows Mosaic to free up capital from a non-core asset, enabling reinvestment into higher-return opportunities [2] - The transaction received necessary regulatory approvals, including from the Brazilian Administrative Council for Economic Defense [2] Operational Focus - Mosaic is prioritizing the optimization of returns from its core, actively operating assets, directing future capital towards high-performing phosphate and potash operations [3] - The company aims to advance innovation and enhance its overall product portfolio [3] Regional Presence - The transaction enables Mosaic to maintain a strong commercial presence in Brazil without the burden of underutilized assets, reflecting a refined focus on growth and operational excellence [4] - Brazil remains a critical market for Mosaic, and the exit from this site does not indicate a retreat [4] Production Forecast - For full-year 2025, Mosaic expects phosphate production of 6.9-7.2 million tons and potash output of 9.3-9.5 million tons [5] - Phosphate sales volumes for Q3 2025 are projected to be between 1.8-2.0 million tons, while potash volumes are forecasted at 2.2-2.4 million tons [5]