Uralkali

Uralkali profit down by 40% but expects rise in potassium prices this year

Uralkali net profit for the last year dropped by 38%, to $875 million, due to exchange rate differences, while showing growth of revenue, EBITDA, as well as debt reduction.

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UralChem and Uralkali develop cooperation with countries of South East Africa

UralChem and Uralkali are developing cooperation with countries of southeast Africa in the field of fertilizer supplies.

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Russian producers increase output of fertilizers

Against the backdrop of rising demand and prices on world markets, Russian fertilizer producers are actively increasing production: in 2017, production increased by 4-16%.

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FAS agrees on the purchase of UralKim by 10% of Uralkali with reservations

The Federal Antimonopoly Service (FAS) has extended consideration of the petition of UralChem to purchase 9.99% of Uralkali, the website of the department reports.

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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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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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