financetom
Business
financetom
/
Business
/
Mosaic Reports Lower-Than-Expected Q3 Phosphate Production Due to Mechanical Issues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mosaic Reports Lower-Than-Expected Q3 Phosphate Production Due to Mechanical Issues
Oct 10, 2025 5:30 AM

08:11 AM EDT, 10/10/2025 (MT Newswires) -- Mosaic (MOS) said Friday that its preliminary Q3 phosphate production fell short of expectations due to "unexpected mechanical issues" at its Riverview sulfuric acid plant and utility interruptions at Bartow in September.

The company said these caused "a meaningful decline" in overall production, with phosphate production volumes reaching approximately 1.7 million tons during the quarter.

Sales volumes for the quarter were about 1.6 million tons, mostly due to the "lag of shipments already confirmed and priced," the company said.

Mosaic said the issues have since been addressed, and expects a "sustainable improvement" in production rates going forward.

Shares of Mosaic were down more than 8% in recent premarket activity Friday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BriaCell Therapeutics Announces Share Consolidation
BriaCell Therapeutics Announces Share Consolidation
Aug 21, 2025
01:56 PM EDT, 08/21/2025 (MT Newswires) -- BriaCell Therapeutics ( BCTX ) on Thursday said its board approved the consolidation of its shares on a 10 shares to 1 post-consolidation share, basis. The consolidation is being implemented to ensure that BriaCell continues to comply with Nasdaq listing requirements. The consolidation is expected to be implemented on Aug. 25. BriaCell shares...
Kyndryl to Invest $2.25 Billion in India for AI Lab, Talent Programs
Kyndryl to Invest $2.25 Billion in India for AI Lab, Talent Programs
Aug 21, 2025
01:59 PM EDT, 08/21/2025 (MT Newswires) -- Kyndryl ( KD ) said Thursday it will invest $2.25 billion in India over the next three years to establish an AI Innovation Lab in Bengaluru and expand talent development programs. The lab will focus on AI consulting, platform engineering, cybersecurity and IT modernization, while also supporting collaboration with enterprises and government stakeholders...
Market Chatter: Paramount-Skydance Merger Under Investigation by House Democrats
Market Chatter: Paramount-Skydance Merger Under Investigation by House Democrats
Aug 21, 2025
01:51 PM EDT, 08/21/2025 (MT Newswires) -- Two Democrats in the US House of Representatives are investigating the recently completed merger between Paramount and Skydance Media that formed Paramount Skydance ( PSKY ) to determine if the companies submitted to illegitimate demands from President Donald Trump in order to earn regulatory approval, CNBC reported, citing a letter the legislators sent...
Commerce Bancshares Gets Regulatory Approvals for FineMark Acquisition
Commerce Bancshares Gets Regulatory Approvals for FineMark Acquisition
Aug 21, 2025
01:51 PM EDT, 08/21/2025 (MT Newswires) -- Commerce Bancshares ( CBSH ) said Thursday it has received all regulatory approvals to complete its acquisition of FineMark Holdings, the holding firm for FineMark National Bank & Trust. The deal, which remains subject to approval of FineMark shareholders and other conditions, is expected to close on Jan. 1, Commerce Bancshares ( CBSH...
Copyright 2023-2026 - www.financetom.com All Rights Reserved