One of Nutrien's two major U.S. operations in White Springs, Fla.

Nutrien NTR-T is putting its phosphate business up for strategic review in a bid to enhance the long-term value of the company.

Saskatchewan-based Nutrien’s phosphate business is worth around US$2.4-billion, according to RBC analyst reports.

The global fertilizer major has six facilities across the U.S., making it the second largest producer in North America after Florida-based The Mosaic Company.

In 2024, phosphate adjusted EBITA generated US$384-million, the lowest of the company’s operating segments. Nitrogen and Potash each generated upwards of US$1.8-billion. The agricultural retail side of the business generated US$1.7-billion.

Nutrien to sell stake in Argentine nitrogen producer Profertil for $600-million

The

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