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Uralkali outlines potash investment plans

5:23 AM MDT | September 11, 2013 | Natasha Alperowicz

Uralkali (Berezniki, Russia) has outlined its investment plans, which aim to keep Uralkali among the world-leading suppliers of potash. The company plans to invest $2.3 billion to increase potash capacity by 15%, to 15 million m.t./year, by 2020. Uralkali currently has capacity for 13 million m.t./year of potash and, by 2016, plans to increase this number to 14 million m.t./year. The company is proceeding with the Ust-Yavinsky project, which will help compensate for the depleting capacity of the Berezniki 2 mine, says Viktor Belyakov, Uralkali’s CFO...

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