Uralkali Announces Q1 2014 Production Results

04.04.2014
Uralkali Announces Q1 2014 Production Results

Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, has today announced its production results for January-March2014. Uralkali produced 2.93 million tonnes of potassium chloride (KCI) in Q1 2014, which represents an approx. 40% increase compared to the corresponding period of the previous year.

Q1 2014 Q1 2013
2.93 mln tonnes of KCl 2.08 mln tonnes of KCl

Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a share of about 20% in global potash production. 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.11,800 people (in the main production unit). Uralkali’s shares and GDRs are traded on the Moscow Exchange and LSE, 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.