PhosAgro Operations Not Affected by Bridge Collapse

PhosAgro’s operations have not been affected by a collapsed railroad bridge on the route between Murmansk and Monchegorsk, a company spokesperson has told Bloomberg. However, PhosAgro uses the Murmansk port to ship apatite concentrate for export clients, and if the bridge isn’t repaired in 10 days the shipments schedule will be adjusted after agreement with customers. Domestic sales are not affected.

The collapsed occurred June 1. EuroChem and Acron also use the bridge. They had not responded to inquiries at the time of this alert.