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Uralkali Announcement

Uralkali Announcement

In connection with the latest media reports, Uralkali (LSE: URKA; the Company) points out that one of the major tasks at the current stage of liquidation of the accident at Solikamsk-2 mine is the possibility of backfilling the worked out areas of the mine with halite waste.

Currently there is no discussion of the launch of full or partial production in the mine.

Dmitry Osipov, Uralkali CEO:

We are discussing with the Federal Service for Ecological, Technological and Nuclear Inspectorate (Rostechnadzor) the possibility to launch the western part of the underground mine complex in order to start the backfilling of areas, which can be considered potentially hazardous by specialists.

Uralkali (www.uralkali.com) is one of the worlds largest potash producers and exporters. The Companys 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). Uralkalis shares and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.

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