Mosaic to sell Mosaic Potash Carlsbad for $30M

The Mosaic (MOS) Company signed a definitive agreement to sell Mosaic Potash Carlsbad, including the operations, assets and liabilities of the Mosaic mine in Carlsbad, New Mexico to International Minerals Carlsbad, for $30M. The transaction includes an initial cash purchase price of $20M, subject to customary adjustments at closing, and deferred cash consideration totaling $10M payable in three equal annual installments beginning in 2029. Additionally, International Minerals Carlsbad will assume responsibility for the asset retirement obligations associated with the Carlsbad operations. Mosaic expects to close the transaction in the first half of 2026 and record a non-cash asset impairment in the fourth quarter of 2025. International Minerals Carlsbad will assume Mosaic’s potash and water business in New Mexico and related intellectual property, including the K-Mag and Dynamate brands, in the sale.