Moscow-OJSC Uralkali said it is aware of the official statement made by Migao Corp., China (GM March 21, p. 8), whereby it announced an agreement with Potash Export Co., an entity established by Russian-based potash producers. According to the statement, the agreement foresees supply of up to 500,000 mt/y of potash for ten years, starting in 2013. Being one of the two Russian potash producers, Uralkali states it is neither the establisher nor stakeholder of Potash Export Co. Furthermore, Uralkali has made no agreements with Migao or Potash Export Co. The exports of Uralkali are channeled through the Belarusian Potash Co. (BPC). Uralkali further states that BPC has entered into no agreements with Migao regarding potash supply.
Transparency Across the Fertilizer Value-Chain