Why is Mosaic idling its Araxá and Patrocínio operations in Brazil?

To reduce costs and redeploy capital, resulting in workforce reductions and a planned sale of Araxá assets.

What are the expected financial impacts of idling these Brazilian operations?

A pre-tax book impact of $350–$400 million in Q1 2026, with annual capital expenditures and operating expenses declining by $20–$30 million and $70–$80 million respectively after a potential transaction.

Brazil shift: Mosaic (NYSE: MOS) idles Araxá, Patrocínio and targets asset sale

Apr 8, 2026

Mosaic is idling its Araxá and Patrocínio mining complexes in Brazil to cut costs, reducing annual phosphate output by 1 million tonnes. The move involves a planned asset sale and incurs a pre-tax book impact of $350-$400 million in Q1 2026.

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Brazil shift: Mosaic (NYSE: MOS) idles Araxá, Patrocínio and targets asset sale

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