IMC Global (also known as International Minerals and Chemical Corporation and Imcera) was a mining and production company, formerly listed on the S&P MidCap 400.
[5] A native German, Schmidten moved to secure entire capital in mines from his home country; he was successful in doing so with the Kaliwerke Sollstedt Gewerkschaft.
[9] In 1997, a merger occurred between IMC and the previous parent company of Freeport-McMoRan, who retained their copper and gold mining ventures.
[10] Later in the year, it was announced IMC acquired Western Ag-Minerals Co., a subsidiary of Rayrock Yellowknife Resources, and its mine in Carlsbad, New Mexico, for nearly $53 million.
[11] Before the acquisition was completed, the deal was vetted by the Department of Justice and Federal Trade Commission, as the sale could allow IMC (now the owner of two mines in the area) to largely control the price of fertilizer.
The Mosaic Company began trading on the New York Stock Exchange on October 25, 2004, and became the newest Fortune 500-sized firm listed.