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Stock impact report

The Mosaic Company (MOS) Climbs 7.6% on Rare Earth Expansion [Yahoo! Finance]

Mosaic Company (The) (MOS) 
Last mosaic company (the) earnings: 2/19 04:42 pm Check Earnings Report
US:NYSE Investor Relations: investors.mosaicco.com
Company Research Source: Yahoo! Finance
Mosaic grew for a second day on Thursday, jumping 7.58 percent to close at $31.36 apiece, as investors resumed buying positions amid its ongoing efforts to ramp up expansion into rare earths production. Through its subsidiary, Mosaic Fertilizantes P&K Limitada, The Mosaic Company (NYSE:MOS) partnered with Rainbow Rare Earths Ltd. for a potential joint development of the Uberaba mine site in Brazil. The two parties have already completed an economic assessment for the site, which indicated a processing potential of 2.7 million tons of phosphogypsum per year; 1,900 tons of separated neodymium and praseodymium oxide; and 600 tons of a samarium, europium, and gadolinium product rich in medium and heavy rare earth elements. The Mosaic Company (MOS) Climbs 7.6% on Rare Earth Expansion Singkham/Shutterstock.com The Mosaic Company (NYSE:MOS) and Rainbow are set to conduct a pre-feasibility study, which will progress into a definitive feasibility study assuming favorable results. Show less Read more
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