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06.12 2011 23:00:41

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Uralkali: even USD 228 mn is not enough!

by Pavel Emelyantsev

On Wednesday, December 7, Uralkali is to deliver a financial report for the 3rd quarter of 2011. I expect the results to be positive. The company has demonstrated quite healthy operating results for the past three quarters of 2011. Potash output from Uralkali and the incorporated Silvinit totaled 8.06 million tons for the period, provided Silvinit results are consolidated as of 1 January 2011. This is 4% more than in the same period of 2010. As the respective global market expands by an average 3.5-4% per year, the result may be considered as quite acceptable.

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