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EuroChem wins new potash licence in Russia, will become major potash player

8:23 AM MDT | June 23, 2014 | Natasha Alperowicz in Berezniki, Perm region, Russia

EuroChem (Moscow), Russia’s largest fertilizer company and a top-10 fertilizer player globally, today announced that it has won the auction for the right to explore and produce potash from the Belopashinsky potash licence area of the Verkhnekamskoe Deposit in the Perm region of Russia. The licence area for the deposit covers 65 sq kilometers and is adjacent to the Palashersky license area, where the company’s EuroChem-Usolskiy Potash subsidiary is currently developing its mine.      This new licence brings EuroChem-Usolskiy...

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