OREANDA-NEWS. December 13, 2012. Uralkali (LSE:URKA, “the Company”) announces that it has paid premiums of RUB 538 million (approximately USD 17.4 million) to Russian compound fertiliser (NPK) producers following the delivery results in Q3 2012.

The premium mechanism is provided by Uralkali’s Marketing Policy which was previously approved by the Russian Federal Antimonopoly Service. In Q2 2012 Uralkali paid premiums of RUB 457 million (approximately USD 14.3 million) to Russian NPK producers.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a market share of about 20%. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 12,500 people (in the main production unit). Uralkali’s shares and GDRs are traded on the RTS-MICEX and LSE, respectively.