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- Asset Impairment (new) — Company recording $275-300M impairment charge related to idling Brazil mining operations.
Mosaic idling Brazil mining operations, expects $350-400M Q1 charge
Filed April 8, 2026 · Period ending April 8, 2026 · ~1 min read
Key Changes
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high
Mosaic shutting down Araxá Mining and Chemical Complex and related mining at Patrocínio in Brazil, marking major operational restructuring in its Brazil segment.
Item 8.01 view on EDGAR → -
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Company expects $350-400M pre-tax charge in Q1 2026: $275-300M for asset impairments and writeoffs, remainder for severance and contract terminations.
Item 8.01 view on EDGAR → -
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Assets being idled will be classified as held for sale, with impairment reflecting reduced carrying value of facilities no longer in production.
Item 8.01 view on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify