"Uralkaliy" will to have to invest.
Edited by Rhod Mackenzie / 2015-03-06 06:17:10
Belarus China Metals and mining Russia VSMPO-AVISMA Belarus Metals and Mining China Metals and Mining Russia Metals and Mining Titanium
"Uralkaliy" will have to invest to save the stocks on emergency mine.
"Uralkaliy" announced a review of the development strategy until 2020: the company will increase its investment due to an accident at the mine in Solikamsk, but part of its reserves can be maintained. This news encouraged the investors: the company's shares rose by 6.9%. However, "Uralkaliy" acknowledged the risk of problems in the Asian sector of trading: the conclusion of the Chinese contract is delayed, and the company may assign this market "Belaruskali" to bet on lower prices.
