HELPING THE WORLD GROW THE FOOD IT NEEDS › documents › Mosaic_2012_Corporate_Br.pdf · crop...

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HELPING THE WORLD GROW THE FOOD IT NEEDS

Transcript of HELPING THE WORLD GROW THE FOOD IT NEEDS › documents › Mosaic_2012_Corporate_Br.pdf · crop...

Page 1: HELPING THE WORLD GROW THE FOOD IT NEEDS › documents › Mosaic_2012_Corporate_Br.pdf · crop nutrition is the single most effective way to boost crop yields, illustrating why Mosaic’s

HELPING THE WORLD GROW THE FOOD IT NEEDS

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HELPING THE WORLD GROW THE FOOD IT NEEDS

GLOBAL POPULATION GROWING BY

EACH YEAR75 MILLION PEOPLE

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HELPING THE WORLD GROW THE FOOD IT NEEDSAgriculture provides for every person on the planet. With global

population growing by 75 million people each year, food security is

a defining issue of our time.

In order to feed our increasingly hungry population, food production

must double and possibly even triple by 2050, and it’s estimated

that crop nutrients will be responsible for 77 percent of this

increase. To generate the new levels of abundance required to feed

the world, we must ensure that every cultivated acre of land

is properly fertilized.

As the world’s leading integrated producer of two vital crop

nutrients, potash and phosphate, The Mosaic Company has a

leading role to play.

With international reach from Brazil and India to the heartland of the

United States and Canada, we provide our customers with the crop

nutrients they need to help the world grow the food it needs.

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DEFINING ISSUE

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OF OUR TIMEDEFINING ISSUE

FOOD SECURITY IS A

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OF OUR TIMEDEFINING ISSUE

FOOD SECURITY IS A

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IS THE MOST EFFECTIVE WAY TO BOOST CROP YIELDS

THE MOSAIC COMPANYAgriculture must have an increasingly dramatic impact to sustain our world. Balanced

crop nutrition is the single most effective way to boost crop yields, illustrating why

Mosaic’s mission to help the world grow the food it needs is so urgent and compelling.

Who we are is more than what we produce — it’s also what we share. Our rich

experience in the field. The proactive planning, service and guidance we provide.

Our deep respect for the land and genuine concern for those who depend on its output.

Mosaic puts far greater emphasis on sustainability and environmental sensitivity than

ever before. And like so many other aspects of what we do, we are committing to

excellence in several areas. We approach the application of crop nutrients by following

the guidelines of the 4Rs: right source, right rate, right time and right place. We

promote the adoption of the 4Rs through the organizations to which we belong

and the farmers who use our products.

Building on our history with innovation in crop nutrition management, we’re delivering

agricultural nutrients to approximately 40 countries worldwide — helping our

customers thrive, and feeding a growing population.

BALANCED CROP NUTRITION

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IS THE MOST EFFECTIVE WAY TO BOOST CROP YIELDSBALANCED CROP NUTRITION

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OUR TALENT FUELS OUR GROWTHFrom agronomists to dragline operators, Mosaic’s employees help ensure we’re

a leader in all we do. Our people are continuously challenged to make process

improvements and find new ways to advance our business. It is because of their hard

work and dedication that Mosaic continues to be a world-class organization.

Our company is driven by employees excited about our mission to help the world

grow the food it needs. This compelling mission helps to inspire individual, team and

company-wide success. At Mosaic, we attract great talent because of our mission,

our continual investment in people, the dedication to honoring our commitments, and

the challenging and meaningful opportunities we regularly provide to employees.

Mosaic’s thousands of employees collectively help the world grow the food it needs.

Our success will continue because we believe in growing our business — by growing

our people.

BY LEADING IN ALL WE DOADVANCING THE INDUSTRY

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BY LEADING IN ALL WE DOADVANCING THE INDUSTRY

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BY PROVIDING

AGRONOMIC EXPERTISEBUILDING CUSTOMER RELATIONSHIPS

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BY PROVIDING

AGRONOMIC EXPERTISE

THE PRODUCTS OF OUR SUCCESSTrust is not a commodity. At Mosaic, we strive to preserve the trust

our customers place in our products and company each and every

day. Strong customer partnerships are essential to fulfilling Mosaic’s

mission to help the world grow the food it needs.

We are committed to building relationships that generate mutual,

long-term success. While our customers are unique, they all have

one thing in common: with ever-changing enhancements to crop

science, they must anticipate seasonal demand patterns.

Mosaic’s substantial size and expansive global reach allow us to

provide our customers with keen agronomic insight and expertise.

By helping customers analyze past seasons’ crop nutrient inventory

levels, providing analysis on market trends, and offering pricing and

timing flexibility, we help our customers better anticipate product

needs, balance inventories and manage risk in often volatile markets.

Listening to what our customers have to say about Mosaic gives us

pride — it’s about increasing yields, helping develop competitive

advantages and delivering on our promise of innovation.

BUILDING CUSTOMER RELATIONSHIPS

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GROWING OUR FUTUREMosaic is committed to providing the crop nutrients needed to help feed the world,

and we must grow to meet ever-rising demand for our products.

The market for potash holds tremendous promise for Mosaic, and we’re investing

more than $5 billion in expansion efforts at our three Canadian potash mines, which

hold a century’s worth of potash reserves. We expect our expansion efforts, involving

nearly a dozen distinct projects, to raise our annual potash mining capacity to

16.1 million tonnes by 2021 — an increase of 50 percent that will reinforce our

position as one of the world’s leading potash producers.

DUAL-NUTRIENT PORTFOLIOINVESTING IN A

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As the world’s largest producer of phosphate crop nutrients, Mosaic is committed

to improving our cost structure, advancing innovation, providing superior customer

service and offering investors outstanding returns. We will do this through dedication

to operational efficiency — including improvements in maintenance practices, energy

use and electricity cogeneration capacity — and raising our production capacity

with participation in off-shore rock ventures like Peru’s Miski Mayo mine. Increasing

production of MicroEssentials®, our industry-leading premium fertilizer, further positions

Mosaic for growth and success, provides customers with greater returns and farmers

with higher yields.

No other company delivers two critical crop nutrients — potash and phosphate — to

the global market on such a significant scale. As the world’s crop nutrient needs grow,

Mosaic is growing to meet them.

DUAL-NUTRIENT PORTFOLIO

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EFFICIENCY YIELDS RESULTSMosaic is becoming one of the safest, lowest-cost and most capital-

efficient producers in the industry. Our approach starts with taking a

fresh look at all aspects of our operations, both from site-specific and

functional perspectives.

In Mosaic’s Phosphate operations, our Four Corners mine in Florida has

greatly improved coordination between mining and plant operations,

substantially improving productivity, establishing standard operating

procedures and reviewing performance at all levels of the site.

In Potash, our Colonsay, Saskatchewan, facility exceeded efficiency

standards when it milled enough ore to break the record set nearly a

decade ago in June 2002. Our Esterhazy K2 Potash Mine, K2 Mill and

K2 Expansion teams also set the single-day milled tonnes record of ore

being crushed, an increase from the previous mark set in December

of last year.

And this is just the beginning for operational excellence improvements

at Mosaic. We are making steady progress and are confident that this

effort will ultimately give us a sustainable competitive advantage

over our peers.

IN THE INDUSTRYLOWEST-COST PRODUCERS

BECOMING ONE OF THE SAFEST,

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IN THE INDUSTRYLOWEST-COST PRODUCERS

BECOMING ONE OF THE SAFEST,

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FROM MINE AT MOSAIC, WE KEEP OUR PROMISES,

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TO MARKET

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TO MARKETFROM MINE

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Whether it’s our promise of a safe work environment, our commitment to developing new technology to

provide higher yields for farmers, our promise to maximize value for our shareholders, our pledge to be a

good steward of natural resources, or our assurances to support our local communities — every promise

we keep enriches those who depend on us and opens new opportunities for Mosaic.

At Mosaic, we keep our promises — from mine to market.

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WORLD’S MOST RAPIDLYEXPANDING ECONOMIES

EXPANDING OUR REACHMosaic’s extensive global distribution network serves the world’s most rapidly

expanding economies, including Brazil, India, China, Chile and Argentina. Because our

people are working in the regions where our customers operate and distribute fertilizer,

we have a pulse on the industry across the globe.

Optimizing our production levels and product delivery is only part of the story. A closer

look at our distribution network reveals a highly effective platform for extending our

agronomic expertise and innovation throughout the world.

Mosaic has the ability to test new crop nutrient formulations in the field on a counter-

seasonal basis. We can refine our products year-round so we are always prepared for

the next growing season, regardless of hemisphere. In one year, Mosaic conducted

nearly 600 trials in Argentina, Brazil, Canada, Chile, China, India, Northern Latin

America and the United States.

Our rich understanding of the products best suited to a given region and our ability

to gauge and adjust inventory levels across geographies allow Mosaic to anticipate

customer needs and balance seasonal demand patterns.

Mosaic’s MicroEssentials® products are designed to improve efficiency for farmers.

Their unique design ensures uniform nutrient distribution, providing the essential

nutrients crops need in just one granule. The uniform nutrient distribution is a

significant benefit to farmers and, when applied correctly, virtually guarantees

increased yields — and profits.

PROVIDING FOR THE

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WORLD’S MOST RAPIDLYEXPANDING ECONOMIES

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TO FEED A GROWING WORLDINCREASING YIELDS

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TO FEED A GROWING WORLD

OUR COMMITMENT TO INNOVATION At Mosaic, we envision a world where a sustainable global agricultural

system provides each person the nourishment to survive and thrive.

Mosaic is partnering with the brightest minds at top universities, non-

governmental organizations and industry associations to advance our

knowledge and, ultimately, increase crop yields to feed a growing world.

New product development at Mosaic is focused on generating ideas,

formulating products and testing those innovations across multiple

geographies around the world. Mosaic’s specialized, next-generation crop

nutrients and agronomic expertise deliver higher crop yields, increase

efficiency and bring tangible benefits to farmers around the world.

One example is Mosaic’s partnership with Dr. Fred Below, of the

University of Illinois, to develop advanced agronomic systems

aimed at sustainably increasing corn productivity. The research

combines innovative fertilizer practices with the advanced agronomic

technologies necessary to meet nutrient requirements of modern

corn hybrids. The goal is to optimize yields to meet food production

demands, all while improving farmer profitability.

With a responsibility to enhance crop nutrient use and feed an ever-

increasing global population, Mosaic will continue to operate in an

environmentally sensitive and responsible manner while charting a

comprehensive and proactive course for sustainable yield enrichment.

INCREASING YIELDS

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ENRICHING LIVES

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FOR GENERATIONS TO COME

BUILDING A SUSTAINABLE FUTURE Maximizing Mosaic’s impact as a global corporate citizen demands a viable vision. Whether

on a global scale or in our local communities, our commitment to social responsibility is about

more than sustainable business practices — it’s about enriching lives for generations to come.

We are dedicated to being a good steward of the land. Prior to the mine permitting process,

Mosaic performs extensive wildlife and habitat surveys of potential mining lands and works

with regulators to set aside vital floodplain and environmentally sensitive lands for permanent

preservation. In our Phosphate mining operations, after mining, we reclaim every acre of land

that is impacted by our activities.

By turning waste heat into electricity, we greatly reduced our carbon footprint. In 2011, Mosaic

produced enough electricity through cogeneration to satisfy 47 percent of our company-wide

electrical demand. We also reused or recycled approximately 95 percent of all water used in our

Florida Phosphate operations and more than 80 percent in our Canadian Potash shaft mines.

As a neighbor in our local communities, Mosaic is an economic driver, an environmental

steward and a partner in community development. Our work with food agencies helps to

alleviate hunger and address the core social issues in the communities where we operate.

In short, Mosaic is making a tangible difference everywhere we have a presence. Additionally,

the Mosaic Villages Project makes an impact well beyond the communities where we operate

and has more than tripled the yields of subsistence farmers on three continents.

ENRICHING LIVES

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Last text page

São Paulo

Rio VerdeUberaba

Sorriso

Miski Mayo

Campo Grande

Paranaguá

Alto Araguaia

Candeias

Buenos Aires

Quebracho

Plymouth, MN

Belle Plaine, SK

Colonsay, SK

Savage, MN

Pekin, ILBeijingLouisville, KY

Uncle Sam, LA

Qinhuangdao

Kunming City/Yunnan Province

Gurgaon

Yantai

Rozy

Melbourne, Victoria

Tallahassee, FL

Hersey, MI

Henderson, KY

Houston, TX

Faustina, LA

San Antonio

Concepción Bay

Santiago

Carlsbad, NM

Esterhazy, SKRegina, SK

Bartow, FLBig Bend, FL

Four Corners, FLHookers Prairie, FL

Riverview, FLSouth Fort Meade, FL

Wingate, FL

FishHawk, FL

Wauchula, FL

Arcadia, FL

Bowling Green, FL

New Wales, FL

Key LegendOffice

Phosphate ProductionPort OperationPotash Production

Warehouse & BlenderWarehouse

GLOBAL OPERATIONS AND DISTRIBUTION

IN APPROXIMATELY 40 COUNTRIESSERVING CUSTOMERS

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Inside back cover

São Paulo

Rio VerdeUberaba

Sorriso

Miski Mayo

Campo Grande

Paranaguá

Alto Araguaia

Candeias

Buenos Aires

Quebracho

Plymouth, MN

Belle Plaine, SK

Colonsay, SK

Savage, MN

Pekin, ILBeijingLouisville, KY

Uncle Sam, LA

Qinhuangdao

Kunming City/Yunnan Province

Gurgaon

Yantai

Rozy

Melbourne, Victoria

Tallahassee, FL

Hersey, MI

Henderson, KY

Houston, TX

Faustina, LA

San Antonio

Concepción Bay

Santiago

Carlsbad, NM

Esterhazy, SKRegina, SK

Bartow, FLBig Bend, FL

Four Corners, FLHookers Prairie, FL

Riverview, FLSouth Fort Meade, FL

Wingate, FL

FishHawk, FL

Wauchula, FL

Arcadia, FL

Bowling Green, FL

New Wales, FL

Key LegendOffice

Phosphate ProductionPort OperationPotash Production

Warehouse & BlenderWarehouse

GLOBAL OPERATIONS AND DISTRIBUTION

IN APPROXIMATELY 40 COUNTRIESSERVING CUSTOMERS

Page 28: HELPING THE WORLD GROW THE FOOD IT NEEDS › documents › Mosaic_2012_Corporate_Br.pdf · crop nutrition is the single most effective way to boost crop yields, illustrating why Mosaic’s

The Mosaic Company3033 Campus DriveSuite E490Plymouth, Minnesota 55441800-918-8270www.mosaicco.com

© 2012 The Mosaic Company

Safe Harbor StatementThis brochure contains forward-looking statements within the meaning of the Private Securit ies Lit igation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results. Such statements are based upon the current beliefs and expectations of The Mosaic Company’s management and are subject to signif icant r isks and uncer tainties. These risks and uncertainties include but are not limited to the predictability and volatility of, and customer expectations about, agriculture, fer tilizer, raw material, energy and transpor tat ion markets that are subjec t to competit ive and other pressures and economic and credit market conditions; the level of inventories in the distribution channels for crop nutrients; changes in foreign currency and exchange rates; international trade risks; changes in government policy; changes in environmental and other governmental regulation, including greenhouse gas regulation, implementation of the U.S. Environmental Protection Agency’s numeric water quality standards for the discharge of nutrients into Florida lakes and streams or possible ef for ts to reduce the flow of excess nutrients into the Gulf of Mexico; further developments in judicial or administrative proceedings; dif ficulties or delays in receiving, increased costs of or challenges to necessary governmental permits or approvals or increased financial assurance requirements; the ef fectiveness of the Company’s processes for managing its strategic priorit ies; adverse weather conditions af fecting operations in Central Florida or the Gulf Coast of the United States, including potential hurricanes or excess rainfall; actual costs of various items dif fering from management ’s current estimates, including, among others, asset retirement, environmental remediation, reclamation or other environmental regulat ion, or Canadian resources taxes and royalt ies; accidents and other disruptions involving Mosaic’s operations, including brine inflows at its Esterhazy, Saskatchewan, potash mine and other potential mine f ires, f loods, explosions, seismic events or releases of hazardous or volatile chemicals, as well as other risks and uncertainties reported from time to time in The Mosaic Company’s reports filed with the Securities and Exchange Commission. Actual results may dif fer from those set for th in the forward-looking statements.

Outside back cover

Printed on paper containing 10 percent Post Consumer Waste.This paper is FSC® Certified.