SOURCE: Industrial Info Resources

Industrial Info Resources

July 20, 2011 06:40 ET

Mosaic Surges to Record Results as Prices, Volumes Maintain Momentum in Fiscal Full-Year 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 20, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading miner and fertilizer producer The Mosaic Company (NYSE:MOS) (Plymouth, Minnesota) reported stunning gains for the company's fiscal fourth-quarter and full-year 2011, as higher phosphate selling prices and stronger potash volumes led to improvements in sales and operating earnings. Net income for the quarter was reported to be $649.2 million, compared with $396.1 million in fiscal fourth-quarter 2010, and $2.51 billion for the year, compared with $827.1 million in fiscal 2010.

Industrial Info is tracking 38 active Mosaic projects in North America that are worth a total of more than $6.6 billion, including a $1.6 billion addition to a coke gasification plant in Saint James, Louisiana. For more information, visit Industrial Info's North American Alternative Fuel Project Database.

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