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Mosaic Announces Agreement for Sale of Potash Mining Operations in Brazil to VL Mineração

1. Mosaic sells Taquari-Vassouras mine for up to $27 million. 2. Transaction reduces Mosaic's asset retirement obligations by $22 million.

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Why Bullish?

The sale of a mine might improve cash flow and reduce liabilities. Historical sales in the mining sector often led to positive stock reactions, driven by immediate cash influxes.

How important is it?

The divestiture signals strategic financial management, impacting investor sentiment positively. A clear obligation reduction also boosts the company's attractiveness.

Why Short Term?

The cash received and reduced liabilities will enhance fiscal health shortly. Companies often see immediate positive effects on stock price after such transactions.

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NTRCFAGU
TAMPA, FL / ACCESS Newswire / August 13, 2025 / The Mosaic Company (NYSE:MOS) announced today that it has entered into an agreement to sell Mosaic Potassio Mineração Ltda (MPM), the entity that operates the Taquari-Vassouras potash mine located in Rosário do Catete, Sergipe, Brazil, to VL Mineração Ltda. Upon the closing of the transaction, VL Mineração will pay Mosaic up to $27 million (USD) in cash including $12 million upon closing, $10 million one year after closing and $5 million over six years, and will assume responsibility for approximately $22 million in asset retirement obligations (ARO).

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