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Uralkali
Uralkali (Russian: Уралка́лий, IPA: [ʊrɐɫ'kalʲɪj]) is a Russian potash fertilizer producer and exporter. It is traded on the Moscow Exchange using the symbol, URKA. The company's assets consist of five mines and seven ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Krai, Russia). Uralkali employs about 12,000 people (in the main production unit).
The company’s production facilities are located in the cities of Berezniki and Solikamsk in Perm Krai, with its headquarters situated in Berezniki.
Following the acquisition of OAO Silvinit in 2011, Uralkali became the sole producer of potash fertilizers in Russia.
The company produces standard and granular potassium chloride (KCl), sodium chloride (NaCl in the form of halite), and carnalite. It supplies products (through its own trader Uralkali Trading) to over 60 countries, with the major markets including Brazil, India, China, Southeast Asia, Russia, USA, and Europe. In 2018 Uralkali produced 11.5 million tonnes of potash (KCl) In 2021, the company's revenue amounted to 269 billion rubles.
Uralkali develops Verkhnekamskoye field of potassium and magnesium salts, world's second largest in terms of potash ore reserves. The company's total ore reserves total approximately 8.2 billion tonnes. Uralkali holds the development licences for the Ust-Yayvinsky and Polovodovsky blocks at the Verkhnekamskoye field, which contain ore reserves of 1.291 and 3.074 billion tonnes respectively. Uralkali also holds the development licence for the Romanovsky Block of the Verkhnekamskoye deposit with the estimated reserves of 385 million tonnes of sylvinite ore.
In December 2010, Uralkali announced plans to buy another Russian potash producer Silvinit; together they would form one of the world's largest potash producers. The merger was finalized in June 2011, with the combined Uralkali accounting for about 20% of the world's potash production.
On 9 November 2012, Chengdong Investment Corp., a unit of the sovereign wealth fund China Investment Corporation, bought bonds from the shareholders with maturation in 2014 which were exchangeable into a stake in Uralkali. Chengdong would be able to convert its investment into a 12.5 percent stake in Uralkali's ordinary shares. In September 2013, the bonds were converted and CIC thus acquired a 12.5% stake in the firm, rumoured to be worth around $2 billion.
In June 2012, Green Patrol, a Russian environmental non-governmental organization, listed Uralkali as one of the top 100 polluters in Russia, based on information gathered during the previous years. An expedition organised into the Perm Krai by Green Patrol in 2010 revealed that Uralkali's sinks contained at least 16 harmful elements (including zinc and ammonium), exceeding the maximum permissible levels by 1,850 times. Furthermore, according to Green Patrol's President Roman Pukalov, Uralkali failed to fully disclose a complete list of harmful elements that it routinely rejected into the local river Kama. Roman Pukalov described Kama water as "very polluted", and declared that small rivers around Berezniki had in fact turned into brine, something he had "never seen anywhere else".
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Uralkali
Uralkali (Russian: Уралка́лий, IPA: [ʊrɐɫ'kalʲɪj]) is a Russian potash fertilizer producer and exporter. It is traded on the Moscow Exchange using the symbol, URKA. The company's assets consist of five mines and seven ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Krai, Russia). Uralkali employs about 12,000 people (in the main production unit).
The company’s production facilities are located in the cities of Berezniki and Solikamsk in Perm Krai, with its headquarters situated in Berezniki.
Following the acquisition of OAO Silvinit in 2011, Uralkali became the sole producer of potash fertilizers in Russia.
The company produces standard and granular potassium chloride (KCl), sodium chloride (NaCl in the form of halite), and carnalite. It supplies products (through its own trader Uralkali Trading) to over 60 countries, with the major markets including Brazil, India, China, Southeast Asia, Russia, USA, and Europe. In 2018 Uralkali produced 11.5 million tonnes of potash (KCl) In 2021, the company's revenue amounted to 269 billion rubles.
Uralkali develops Verkhnekamskoye field of potassium and magnesium salts, world's second largest in terms of potash ore reserves. The company's total ore reserves total approximately 8.2 billion tonnes. Uralkali holds the development licences for the Ust-Yayvinsky and Polovodovsky blocks at the Verkhnekamskoye field, which contain ore reserves of 1.291 and 3.074 billion tonnes respectively. Uralkali also holds the development licence for the Romanovsky Block of the Verkhnekamskoye deposit with the estimated reserves of 385 million tonnes of sylvinite ore.
In December 2010, Uralkali announced plans to buy another Russian potash producer Silvinit; together they would form one of the world's largest potash producers. The merger was finalized in June 2011, with the combined Uralkali accounting for about 20% of the world's potash production.
On 9 November 2012, Chengdong Investment Corp., a unit of the sovereign wealth fund China Investment Corporation, bought bonds from the shareholders with maturation in 2014 which were exchangeable into a stake in Uralkali. Chengdong would be able to convert its investment into a 12.5 percent stake in Uralkali's ordinary shares. In September 2013, the bonds were converted and CIC thus acquired a 12.5% stake in the firm, rumoured to be worth around $2 billion.
In June 2012, Green Patrol, a Russian environmental non-governmental organization, listed Uralkali as one of the top 100 polluters in Russia, based on information gathered during the previous years. An expedition organised into the Perm Krai by Green Patrol in 2010 revealed that Uralkali's sinks contained at least 16 harmful elements (including zinc and ammonium), exceeding the maximum permissible levels by 1,850 times. Furthermore, according to Green Patrol's President Roman Pukalov, Uralkali failed to fully disclose a complete list of harmful elements that it routinely rejected into the local river Kama. Roman Pukalov described Kama water as "very polluted", and declared that small rivers around Berezniki had in fact turned into brine, something he had "never seen anywhere else".
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