On August 13, 2024, the Expert RA rating agency assigned the credit rating of the Russian Quartz non-financial company at the ruBBB level. The rating forecast is "stable". This is stated in the agency's message.
The company's credit rating is determined by the satisfactory risk profile of the industry, limited market and competitive positions, high profitability, low debt burden, comfortable liquidity, as well as a high level of corporate risks.
Russky Quartz LLC is the only Russian manufacturer of high-purity quartz concentrate, which is used in the technological process of production of semiconductors, solar panels, and special glass.
The credit rating was assigned according to the RAS reporting of Russian Quartz LLC.
