29/08/2016

Press-release: Uralkali Reaches Agreement on Potash Shipments to India

 

29.08.2016
 

Uralkali (the Company; MICEX: URKA), one of the world’s largest potash producers, announces that Uralkali Trading (a wholly-owned subsidiary of Uralkali) has concluded a contract with Indian Potash Limited (IPL), the major Indian fertiliser importer, for potash deliveries between August 2016 and July 2017.

The contract delivery price for potash fertiliser has been set at as per the market level. Uralkali’s volumes under the contract will total 650,000 metric tonnes of KCl, not including optional deliveries.

Major contract parameters:

   

Supply volume

650,000 tonnes, not including optional volumes

Contract period

August 2016 – July 2017

 

Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkali’s shares are traded on the Moscow Exchange.


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