OREANDA-NEWS. December 25, 2009. Veles Capital released daily market review:

Cost of recovering Sayano-Shushinskaya HEPS might be reduced slightly. Estimation of the recovery cost of Sayano-Shushinskaya HEPS has been reduced from 40 bn RUR to more than 37 bn RUR.

Uralkaliy agreed on Chinese prices. Byelorussian company (trader of Uralkaliy and Beloruskaliy at the foreign markets) signed a contract for supplying 1.2 mn tons of potassium chloride with Chinese Sinochem and CNAMPGC via the price of 350 USD per ton. The terms of the contract were expected. The contract is valid through January-December of 2010. The volume of supplies includes the option of 200 thousand tons of fertilizers.

Tatneft shared its plans and forecasts. CEO of Tatneft Shafagat Tahautdinov shared the results of the current year and the plans for the future at the press-conference on Wednesday.

6 people are dead at Evraz’ mine due to explosion. Six people are dead at the explosion at Estyuninskaya mine of Vosokogorskiy OMPE, JSC, announced the vice-president on public relations of Evrazholding Alexei Agureev.