Uralkali Announcement

18.11.2014
Uralkali Announcement

Uralkali (LSE: URKA; the Company) announces that it has detected higher levels of brine inflow in its Solikamsk-2 mine. The Company has introduced an emergency plan and evacuated personnel to above ground. The concentration and volumes of brine inflow are being closely monitored.

To ensure industrial safety, all work in the mine has been suspended. The Company has informed the relevant state authorities about the incident.

Uralkali’s other facilities continue to operate as normal.

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 Region, Russia). Uralkali employs ca.11,300 people (in the main production unit). Uralkali’s shares and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.

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Cardinal rules

Smoking in mines is prohibited.
Work at heights without wearing a safety harness is prohibited.
Work in electrical installations under voltage is prohibited.
It is forbidden to perform work and stay in the bottomhole zone during the operation of the mining machine.
Loading and unloading operations when people are in the danger zone are prohibited.
Working in underground mines with unsecured and/or unassembled roofing is prohibited.
It is forbidden to carry out repairs and maintenance of conveyors without disconnecting from energy sources, use of conveyors for transfer of people and goods (materials and/or equipment), crossing (either above or under) operating conveyors by employees are not allowed.
It is forbidden to carry out welding and flame work in underground mines and mine buildings without the necessary safety measures preventing fire.