Uralkali is a Russian potash fertilizer producer and exporter. It is traded on the Moscow Exchange using the symbol, URKA. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russian Federation). Uralkali employs ca.11,000 people (in the main production unit).
The company produces standard and granular potassium chloride (KCl) and supplies it (through its own trader Uralkali Trading) to over 60 countries, with the major markets including Brazil, India, China, Southeast Asia, Russia, USA, and Europe. In 2015 Uralkali produced 11.4 million tonnes of potash (KCl).
Uralkali develops Verkhnekamskoye field of potassium and magnesium salts, world's second largest in terms of potash ore reserves. The Company’s total ore reserves total approximately 8.2 billion tonnes. Uralkali holds the development licences for the Ust-Yayvinsky and Polovodovsky blocks at the Verkhnekamskoye field, which contain ore reserves of 1.291 and 3.074 billion tonnes respectively. Uralkali also holds the development licence for the Romanovsky Block of the Verkhnekamskoye deposit with the estimated reserves of 385 million tonnes of sylvinite ore.
As of 5 October 2016, Uralkali's shareholder structure is as follows: 5.61% free float, 20.00% Rinsoco Trading Co. Limited, 19.99% UralChem, 54.40% Quasi-treasury shares.
One of the largest enterprises in the domestic mineral fertilizer industry, a group controlled by Dmitry Mazepin, which includes the companies Uralchem and Uralkali, which provide 28% of the GDP of the Russian chemical industry, is probably close to bankruptcy.
Experts from the analytical center A.I.T.T. have identified record negative net assets in oligarch companies and schemes for withdrawing money to Latvia.
The head of Rostec, as the chairman of the board of directors of the potash company, pulls it to the sanctions bottom.
In London, the process began on the claim of the Russian company against the bankruptcy trustees of Force India.
On Saturday, a fire at the Uralkali mine took the lives of nine people.
For 25.7 billion rubles, the State Bank has acquired a 10% stake in a friend of Dmitry Mazepin.
The owner of the club "Monaco" has not yet begun to throw behind bars.
"Uralkali" challenged the court results of the competition for the purchase of the team "Formula 1". Oligarch Mazepin planned to acquire a team for his son, acting as a racer.
Despite the growth in revenue in the first half of 2018, the producer of potash fertilizers showed an "accounting loss" in rubles. It was the result of huge currency debts of the company Dmitry Mazepin, which reached 5.4 billion dollars and because of the fall in the ruble rate ruined the financial statistics.
Following the meeting of the owners of metallurgical and chemical companies with the presidential aide, Andrei Belousov, it was decided that 513 billion rubles should not be paid. The size of the "tribute" fell to 200-300 billion rubles under the sauce "investment in infrastructure."
The British-based team left for Canadian businessmen, and the owner of Uralkali was unable to spend money withdrawn from the Russian Federation for barter quirks.
Experts differed in opinion, whether it can lead to decrease in prices for potash fertilizers.
Vice-president of "Monaco" Vadim Vasiliev at a lecture at the business school RMA told how the club functions where the star of the French national team Kiliana Mbappa was raised.
Italian media called Dmitry Rybolovlev one of the contenders for the football club Milan. But more chances to become the owner of the club from the American hedge fund Elliot Management, issued last year a loan for the purchase of "Milan" from the family of Silvio Berlusconi.
Former owner of Uralkali and possible investigator of the investigation of Robert Mueller Dmitry Rybolovlev for several years invested several hundred million dollars in American startups related to biotechnology and medicine.
but expects a rise in potash prices this year.
The owner of Uralkhim and Uralkali was de facto bankrupt.
The collapse of the former owner of Uralkali may hit important figures in the administrations of Russia and the United States.
During the auction at Christie's auction, Leonardo da Vinci's "Savior of the World" went up four times and was sold for 450.3 million dollars. The canvas belonged to Russian billionaire Dmitry Rybolovlev, he bought it for $ 127 million.
Over the last 6 years, Russian oligarch Dmitry Rybolovlev has spent from 4 to 5 billion dollars on art, real estate and football club. When the ex-owner of Uralkali ran out of funds, he was asked to leave Monaco.
President and owner of the football club "Monaco", Dmitry Rybolovlev, may be forced to leave the small principality because of a corruption scandal.
The investment of the owner of FC Monaco in Alevo, the developer of energy storage systems based on lithium batteries, was estimated at $36 million.
In total, the billionaire invested about $2 billion in art works, having purchased 38 works, including paintings by Picasso and Leonardo da Vinci.
Ex-owner of Uralkali will launder the criminal money in dubious company Alevo.
The billionaire Dmitry Rybolovlev sued one of the most famous entrepreneurs in the global art market, Swiss Yves Bouvier, with claims amounting to more than half a billion dollars.
The former owner of Uralkali Dmitry Rybolovlev invested 35 million Swiss francs in the startup Alevo, engaged in the development of industrial electricity storage technologies.
Oligarch Karimov could change his assets in Russia for a peaceful old age in Europe.
Sale of assets and dividends earned them about $12.4 billion of revenues in 2016.