Mosaic Announces January and February 2024 Revenue and Sales Volumes, Update on Riverview Facility Incident

TAMPA, FL / ACCESSWIRE / March 27, 2024 / The Mosaic Company (NYSE:MOS) announced its combined January and February 2024 sales volumes and revenue by business unit.

Potash	Jan/Feb 2024				Jan/Feb 2023
Sales volumes (000 tonnes(1))

1,417 1,100

Sales revenues (million USD)

$ 418 $ 542

Phosphates

Jan/Feb 2024 Jan/Feb 2023

Sales volumes (000 tonnes⁽¹⁾)

1,087 1,066

Sales revenues (million USD)

$ 760 $ 827

Mosaic Fertilizantes

Jan/Feb 2024 Jan/Feb 2023

Sales Volumes (000 tonnes⁽¹⁾)

1,238 1,462

Sales Revenues (million USD)

$ 650 $ 971

_{⁽¹⁾Tonnes = finished product tonnes}

For the first quarter, potash sales volumes and MOP prices at the mine are expected to be within the previous guidance range of 2.0-2.2 million tonnes, and $225-$250 per tonne, respectively.

In Phosphates, first quarter sales volumes are expected to be within the previous guidance range of 1.6-1.8 million tonnes. Included in that estimate are 175,000 to 200,000 tonnes of low margin products purchased from third parties to offset the impact of our previously announced turnaround schedule in the first half of 2024. DAP prices at the plant are expected to be within the previous guidance range of $580-$605 per tonne.