Uralkali

Uralkali to consider withdrawal from Moscow stock exchange

Uralkali will consider issues on increasing the authorized capital by offering preferred shares, as well as on delisting from the Moscow stock exchange, the company's message says.

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Uralkali signs agreement on pre-export financing for $850 mln for 5 years

Uralkali, one of the largest potash producers in the world, has signed an agreement with 11 international banks to obtain a loan in the amount of $850 million.

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In Q2, Uralkali increased output of potassium chloride by 19%

In the second quarter of 2017, Uralkali increased the production of commercial potassium chloride by 19.3% to 2.969 million tons. This is stated in the company's quarterly report.

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Uralkali denies delay of launch of Ust-Yaiva and Polovodsk projects

Uralkali hasn’t postponed the launch of the Ust-Yaivinsky and Polovodovsky sites and plans to launch the Ust-Yaivinskoye deposit in 2020, representative of the company reports.

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Uralkali’s Board recommends not paying dividends for 2016

The Uralkali’s Board of Directors has recommended the annual general meeting of shareholders not to pay dividends for 2016.

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Uralkalii increased production in Q1

In Q1 2017 Uralkalii increased potassium chloride production by 15.38% to 3 mln tons against Q1 2016, the company reports.

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In 2017, Uralkali plans to pay $300 mln of the debt

In 2017, Uralkali plans to refinance about $1.4 billion and to pay off $300 million of its debt, said director of economics and finance Anton Vishanenko at the conference call with investors.

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In 2016, Uralkali reduced production by 5.3%

In 2016, Uralkali produced 10.8 million tons of potassium chloride compared to 11.4 million tons in January - December of last year, the company reports. The decline amounted to 5.3% in 2016.

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Revenue of Uralkalii fell by 29% to $1.68 bln in January-September 2016

Uralkalii reduced revenue under IAS in January-September 2016 by 29% against January-September 2015 to $1.68 bln.

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Uralkaly hasn’t made decision on new buyback

The decision on new buyback of Uralkaly hasn’t yet been made, the matter will be discussed at the meeting of the Board of Directors.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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E 54° 43.48836" N 55° 55.52346"
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