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Mosaic to sell $125M Brazilian phosphate asset

Galvani's Fosfatados Centro will take over phosphate mine and tailings dam

Marcelo Portela and Siobhan Lismore-Scott
Phosphate operation in Patos de Minas

Phosphate operation in Patos de Minas | Credits: Mosaic

Mosaic, one of the world's leading phosphate producers, will sell its Patos de Minas mine and tailings dam in Minas Gerais to Brazil's Fosfatados Centro for $125million, it said today. Upon the closing...

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