Uralkali 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 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russian Federation). Uralkali employs ca.11,000 people (in the main production unit).
The company produces standard and granular potassium chloride (KCl) and supplies it (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 2015 Uralkali produced 11.4 million tonnes of potash (KCl).
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.
As of 5 October 2016, Uralkali's shareholder structure is as follows: 5.61% free float, 20.00% Rinsoco Trading Co. Limited, 19.99% UralChem, 54.40% Quasi-treasury shares.
Official site.
Suleiman Kerimov wants not only money for his company.
The new contender for the asset has not yet made an official offer. Onexim has funds to buy a batch of shares of Uralkali: in February the group earned more than $ 3.5 billion as it had sold its shares in Polyus Gold.
"Rosneftegaz" joined the battle for the right to buy "Uralkali".
The media and experts have been wondering for the second day whether Suleiman Kerimov had sold shares of "Uralkali" or just intends to do it.
The Russian Foreign Ministry supported Vladislav Baumgertner.
After the company changed its strategy, thus bringing down its quoted price, the investors appeared to have a number of questions. One of them: why the company's largest shareholder, Alexander Nesis, left it before the collapse?