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Uralkali Reaches Agreement on Potash Shipments to China in 2015

10.04.2015
Uralkali Reaches Agreement on Potash Shipments to China in 2015

Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that Uralkali Trading S.A. (a wholly-owned subsidiary of Uralkali) has reached an agreement on 2015 potash deliveries to China with a buying consortium, which includes Sinochem, CNAMPGC, and CNOOC.

Major contract parameters:

Price per metric tonne

US$315 (CFR)

Supply volume

850,000 tonnes, not including optional volumes

Contract period

April 2015 — December 2015

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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