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The Mosaic Company (MOS) Climbs 7.6% on Rare Earth Expansion
The Mosaic Company (NYSE:MOS) saw its stock climb 7.58% due to renewed investor interest in its rare earth expansion efforts. Through its subsidiary, Mosaic Fertilizantes P&K Limitada, Mosaic is partnering with Rainbow Rare Earths Ltd. to potentially develop the Uberaba mine site in Brazil, with an economic assessment already completed and further studies planned. This initiative aims to recover critical materials from existing phosphate operations, with production targeted by 2030.