The bigger they are, the harder they fall. Mosaic Co., market cap $11.5 billion, just lost to DeSoto County, Florida, annual budget $84.3 million. Maybe this will help Bradford County to do the right thing about phosphate mines.
Craig Pittman, Tampa Bay Times, 26 July 2018, Mosaic spent 20 years planning new phosphate mine. DeSoto County has rejected it,
Mosaic Co., the world’s largest phosphate company, has spent two decades lining up a new mine in DeSoto County as part of a broader effort to move its operations south.
Photo: Jim Tatum on Southwings flight for WWALS, 2016-10-22: W across PCS Phosphate Mine, 30.4429360, -82.7851800
But DeSoto County commissioners last week slammed the door in the company’s face, voting 4-1 against rezoning 18,000 acres from agricultural to mining.
A major concern: Continue reading