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Stock impact report

Mosaic's Rare Earths Shift Adds New Layer To Fertilizer Story [Yahoo! Finance]

Nutrien Ltd. Common Shares (NTR) 
Last nutrien ltd. common shares earnings: 2/18 05:24 pm Check Earnings Report
US:NYSE Investor Relations: nutrien.com/investors
Company Research Source: Yahoo! Finance
Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Mosaic (NYSE:MOS) has entered a joint venture with Rainbow Rare Earths to advance the Uberaba rare earths project in Brazil. The partnership includes plans for a new processing facility in Minas Gerais focused on neodymium, praseodymium and other rare earth elements. The project targets rare earths production by 2030, marking Mosaic's move into rare earth element processing alongside its fertilizer operations. For investors following Mosaic at a share price of $31.36, this rare earths venture comes after mixed longer term returns, with the stock up 25.3% year to date and 29.0% over the past year, but showing a 23.3% decline over three years. The move into rare earths sits alongside its core phosphate and potash fertilizer business and adds a new revenue stream that is different from its traditional focus. Looking ahead, this collaboration introduces exposure to rare earths that is tied Show less Read more
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