From WPDIA - https://en.wikipedia.org/wiki/The_Mosaic_Company Phosphate[edit]Mosaic has approximately 16.8 million tonnes of operational capacity for finished concentrated phosphates.[6] Mosaic is the largest producer of finished phosphate products with an annual capacity greater than the next two largest producers combined. It has a global distribution network made up of plants, port facilities, warehouses and sales offices. In 2013 Mosaic produced 7.6 million tons of concentrated phosphate crop nutrients and over 15 million tons of phosphate rock production.[9] In October, 2013, Mosaic reached an agreement to purchase the phosphate operations of CF Industries for 1.4 billion dollars, which eliminates the need for Mosaic to spend an additional billion dollars to build a new processing facility in Hardee County, Florida to process the rock from their mines in that area.[10]Phosphate mines are located in the Bone Valley Formation of the Peace River watershed in Central Florida: [8]Fort Meade, Florida (27.648°N 81.757°W) South Pasture, Florida (27.586°N 81.942°W) Four Corners, Florida (27.715°N 82.141°W) Wingate, Florida (27.506°N 82.130°W) Mosaic owns a 25% stake of the Ma'aden Wa'ad Al Shamal Phosphate Company joint venture in Saudi Arabia.With the completion of the Vale Fertilizantes acquisition in January, 2018, an additional 5 Brazilian phosphate rock mines, 4 chemical plants and an additional 40% economic interest in the Miski Mayo mine were purchased.[11]
Plants in Florida:
Fort Meade, Florida (27.648°N 81.757°W)
27.586°N 81.942°W
Four Corners, Florida (27.715°N 82.141°W)
Wingate, Florida (27.506°N 82.130°W)
2BE facility address, according to the website: 44 CR 201, Pecos Texas 79772 US
Street view.... I am confused with that Milford sign
My question: this MRO (Maintenance, Repair and Operations) deal - involves the relocation of at least ONE mobile extrusion unit? (not mentioned in the announcement) or are we planning to sell those tubes and transport them to Florida (23 hrs trip)? Bonus: Why we are not trading?
2BE Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
