A spokesman for the world’s leading producer and marketer of phosphate-based crop nutrients said the company is planning a $2 billion expansion to open new mines.
David Townsend, Mosaic’s assistant vice president for public affairs, highlighted the company as the featured speaker at the April 10 breakfast meeting of the Greater Plant City Chamber of Commerce. He said Mosaic has more than 8,000 employees, including 3,300 in Florida, and is one of the state’s largest landowners with 250,000 acres in ownership and mining rights on another 80,000 acres.
The company, which mines and processes phosphate in Hillsborough, plans to open mines farther south in the coming years at a cost of $2 billion, he said. Mosaic is the world’s largest combined producer of phosphates and potash, two vital plant nutrients, Townsend said.
“Our product is needed by the farmers who grow the crops that feed us all,” he said.
He also touted the company’s Streamsong Resort, which includes a hotel, golf course and spa on approximately 16,000 acres of formerly mined phosphate land in rural Polk County, near Fort Meade. The golf course opened this year and the 216-room hotel, including a conference center, opens in January, he said.