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Should Mosaic be in Your Portfolio?

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However, the move is not expected to have a huge impact on MOS’ financials in the long run because MOS’ third Esterhazy mine—K3—will replace the two closed shafts in supplying potash to global customers.

Furthermore, in a major victory for the company, the U.S. International Trade Commission announced in March that it had completed its investigation and determined that subsidized phosphate fertilizer imports from Morocco and Russia have materially injured the U.S. phosphate industry. Consequently, the department will issue countervailing duty orders on phosphate fertilizers from Russia and Morocco, which will remain in place for at least five years. This is expected to deliver MOS a significant competitive advantage.

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