30.06.2011
Belarusian Potash Company, the joint venture trader of Russia's Uralkali, is to sign a deal to supply potash to a major Indian buyer at considerably above $500 per ton, a source close to the talks told Reuters.
The source did not provide any details on the time frame or the volume for the deal.
more30.06.2011
Belarusian Potash Company, the joint venture trader of Russia's Uralkali , has agreed to a second half potash deliveries contract with major Chinese fertilizer importers at prices $70 a ton higher than in the first half.
more29.06.2011
Russian potash miner Uralkali sees rival producer Belaruskali as an attractive acquisition target, although a deal is unlikely soon, Uralkali CEO Vladislav Baumgertner said on Tuesday.
more27.06.2011
A takeover by Uralkali of Belarussian potash mining partner Belaruskali is too complex and unlikely to happen, Uralkali shareholder Alexander Nesis said, dampening hopes of a deal to create a sector giant.
"It is so complicated I don't believe it can happen," Nesis told Reuters. Nesis held 17.5% in Uralkali before a merger this month with rival Silvinit and holds around 12% in the newly combined group, now Russia's largest potash miner, he said.
more20.06.2011
Uralkali, which recently merged with Silvinit to become Russia's largest potash miner, is not planning to buy Belaruskali, a major Uralkali shareholder said on Friday.
more14.06.2011
Belarussian President Alexander Lukashenko put a $30 billion price tag on the country's main cash cow, potash miner Belaruskali, but said no negotiations were under way for its sale.
Russian sources said earlier this week that Nafta Moscow, the investment vehicle of Russian tycoon Suleiman Kerimov, was in talks to buy a 50% plus one share stake in the state-owned fertilizer producer for $15 billion.
more09.06.2011
Nafta Moscow, the investment vehicle of Russian tycoon Suleiman Kerimov, is in talks to purchase 50% plus one share in state-owned Belarussian fertilizer producer Belaruskali for $15 billion, a source familiar with the situation said on Wednesday.
The Belarussian government declined to comment.
more09.05.2011
Belarus has raised export duty on potash fertilizers by 50% from June 1, a presidential decree showed on Friday, a move that is likely to hurt local producers. The duty will rise to €75/ton from the current €50, the decree published on official website www.pravo.by showed.
more01.04.2011
Russian potash producer Uralkali said on Friday its net profit surged 83% in 2010, beating expectations as output and prices surged thanks to firm demand for the soil nutrient.
more21.03.2011
Russian potash miners Uralkali and Silvinit expect to produce a combined 10.6 million tons of potash this year, up from 10.3 million tons in 2010, Uralkali's CEO said.
The two companies, controlled by Russian billionaire tycoon Suleiman Kerimov and associates, announced a $23.9 billion merger earlier this year.
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