Uralkali Announces 2014 Production Results

14.01.2015
Uralkali Announces 2014 Production Results

Uralkali (LSE: URKA; the Company) has today announced its production results for the 4Q and full year 2014.

Uralkali produced 2.9 million tonnes of potassium chloride (KCI) in 4Q 2014.

The Company produced 12.1 million tonnes of KCl for the full year 2014.

4Q 2014 4Q 2013 12 months 2014 12 months 2013
2.9 million tonnes 2.8 million tonnes 12.1 million tonnes 10 million tonnes

Dmitry Osipov, Uralkali CEO, commented:

Last year Uralkali produced a record 12.1 million tonnes of KCl, maintaining its leading position in the global potash industry. The accident that happened at Solikamsk-2 in November 2014 is expected to have a negative impact on our output in 2015. However, the Company will make every effort to meet customer demand both in Russia and abroad through expansion of current and accelerated development of new facilities.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Companyís 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). Uralkaliís 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.