Mosaic Co. will set aside $630 million to maintain towering piles of phosphogypsum, a waste material left after phosphate mining, in Florida and Louisiana.
The company and government authorities announced the agreement
The phosphogypsum piles, sometimes as high as a small skyscraper and covering the area of a college campus, are one of the most visible byproducts of fertilizer production. A few dozen loom over the coastal plains of the southern U.S. that are home to large phosphate deposits.
Karin for the blog