Mosaic doubles Q3 profit on higher potash volumes

By Jack Elliott
Published: Thursday, 31 March 2011

Higher phosphate prices also boost sales for US fertiliser group

Mosaic Co. doubled profits in its fiscal third quarter driven by significantly higher phosphate prices and potash volumes, the US fertiliser producer said.

The company reported operating profits of $770.8m. in the three months ending February 28 2011, nearly double the $338.9m. profit made in the same period in 2009/10,...

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