The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.
Uralkali Mining News
Potash producer Belaruskali to make new kind of fertilizer — report
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price
Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.
BHP said to be after Potash Corp again
BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.
Russia-Belarus potash pact may stage a comeback
Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.
Intrepid Potash idles US mine, lays off hundreds
The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.
Potash miners hit by increased competition, supply amid low prices
Analysts, companies expect prices to stay below 2015 levels for at least the next two years.
Uralkali may delist before year-end ahead of imminent merger — report
The world's largest potash miner is said to be mulling a merger with Uralchem, one of its main shareholders.
India’s appetite for fertilizers beats expectations — Phosagro
After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.
Uralkali Contract with Indian Company Could Stimulate Potash Demand
When it comes to major deals in the potash space, 2015 has been a little sluggish.
China expands stake in Russian potash miner Uralkali
Two Chinese banks are among the eight institutions that have provided Uralkali a $530 million loan.
Canpotex finalizes pricing deal with China
While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,
Belaruskali deal with China dents other players’ chances
The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.
Potash producers rejoice — China likely to pay more for it this year
According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.
Charges against former Uralkali CEO dropped, potash price war imminent
While criminal charges against Vladislav Baumgertner, former Uralkali CEO, were ditched, he may face further damages claims as part of the so-called potash case.
Potash Corp. profit jumps 77% on record sales
The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.
Belarus won’t tax potash exports in 2015
The nation first cut export tariffs to zero in September 2013 and won't reverse measure next year.
Uralkali stock plummets on evacuation of potash mine
The world’s largest potash supplier had to evacuate workers from its Solikamsk-2 mine in Russia’s Perm region due to an increase in brine inflow.
Potash Corp remains confident of market outlook despite weak prices
The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.
New Potash Corp CEO keeps output tactics
Last year's fertilizer price plunge called strategy into question.
Potash potentate in $4.4 BILLION divorce settlement
Russian Dmitry Rybolovlev, ex-owner of potash giant Uralkali, loses six-year divorce court battle.
US sanctions Russian potash Uralkali chairman
Sergey Chemezov is considered close friend of President Vladimir Putin.
BHP going after PotashCorp again: report
Speculation is mounting as the industry has shifted enough to make a buyout attractive.
Uralkali’s potash goes on sale, India to pay lowest price in 7 years
The price is also about 25% below what India paid last year to the now defunct Belarusian Potash Co., which Uralkali owned jointly at the time with Belaruskali.
Uralkali will sell potash to China at a 24% discount on last year's price
The world's biggest potash producer will sell 700,000 tonnes to China for $305 per tonne in the first half of 2014.
