Uralkaliy increased its ore base due to the prolongation of the Novo-Solikamsky sector development in Verkhnekamskoe field till 2030, the company informed.
The new sector is assumed to provide 600ths ton of ore in the output.
Uralkaliy Joint Company (TIN 5911029807) was formed through the merger of Uralkaliy- and Silvinit-held assets completed in June 2011. Within the merger Uralkaliy acquired 1565151 common stocks (20%) of Silvinit. The stocks released by Uralkaliy were swapped for the stocks of Silvinit. The 2013-output increased 10% to 10mln ton.
The 9-month 2013 net revenues declined (IAS) 27% to $2.047bn from $2.79bn prior year.