Mosaic Turns Fertilizer Byproduct Into Rare Earths Opportunity In Brazil

Mosaic (NYSE:MOS) has partnered with Rainbow Rare Earths on the Uberaba project in Brazil to extract rare earths like neodymium and praseodymium from phosphogypsum, a fertilizer byproduct. This initiative diversifies Mosaic’s business beyond fertilizers into clean energy materials and positions it alongside companies like Rio Tinto and MP Materials. While offering potential new revenue streams and waste utilization, the project introduces technical, financial, and environmental risks that investors should consider alongside Mosaic’s existing fertilizer operations and expansion plans.