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PhosAgro completes infrastructure project, on way to raising phosphate ore capacity at Apatit

10:46 AM MDT | August 28, 2013 | Natasha Alperowicz

PhosAgro (Moscow) says it has completed construction of the second Yuksporsky tunnel at the company’s Apatit phosphate-producing complex's Kirovsk mine. Apatit CEO Konstantin Nikitin announced the news today at a conference covering Apatit’s first-half results.   The project is part of an investment program to modernize and update PhosAgro’s fixed assets as well as reduce costs. The Yuksporsky tunnel is significant for the development of the Kirovsk mine and for Apatit’s entire mineral resource base, PhosAgro says. In...

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