The investments we are pursuing today in Potash will gradually change the mix of our business, shifting production capacity to approximately
60 percent potash and 40 percent phosphate from a roughly even split today. We believe that by increasing the contributions of this high-margin business, we will enhance our overall profitability and company valuation. Our efforts in Phosphates are expected to maintain our position as a low-cost, innovative and highly responsive global provider of this key crop nutrient.
No other company has the ability to deliver two critical crop nutrients on such a massive scale to the global market. As we work to shape the Mosaic of tomorrow, the leadership position we hold today is a superb place to start.
Located in Peru, Miski Mayo will be a 3.9 million tonne per year phosphate mine and supplements Mosaic's North American phosphate rock resources.
