Phosphate Co. Mosaic Settles Fla. Mine Expansion Dispute

Law360, New York (February 21, 2012, 8:48 PM EST) -- The Mosaic Co. has reached a settlement agreement with environmental groups including The Sierra Club that will allow the Minnesota agricultural phosphate producer to continue mining at an extension of the South Fort Meade mine in central Florida, the company said Tuesday.

The settlement, which awaits court approval, will allow Mosaic to mine more than 7,000 acres of land in the South Fort Meade Hardee County Extension, after the environmental groups had claimed that the project could potentially violate the Clean Water Act, the company said...
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