• Eng

Standard&Poors Increases Uralkalis Rating Outlook to Positive from Stable

12.04.2019
Uralkali Statement

Uralkali (the Company; Moscow Exchange: URKA), one of the worlds largest potash producers, announces that Standard&Poors international credit rating agency has increased Uralkalis rating outlook to positive from stable. The Companys rating is BB- with no changes.

The agencys assessment is based on analysis of the Companys financial results along with market prospects.

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.12,000 people (in the main production unit). Uralkalis shares are traded on the Moscow Exchange.

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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.