Uralkali and China’s importers China National Agricultural Means of Production Group Corporation Ltd, Zhejiang AMP Group Co. Ltd, Beifeng Agricultural Production Means Group Co. Ltd, Inner Mongolia Tianyue Huijing Industrial Group Co. Ltd, and Suifenhe Guangcheng Economic and Trade Co. Ltd signed Memoranda of understanding during the St. Petersburg Economic Forum last week, Uralkali said in a statement. On the part of Uralkali, the documents were signed by Dmitry Osipov, Chairman of the Board of the company.
In accordance with the agreements, the parties expressed their intention to acquire and supply during 2023-2025 potassium chloride made in Russia to be transported by rail in hopper cars via land-based border crossing checkpoints.
Under the agreements, Uralkali can supply 200,000 to 300,000 tons of potassium chloride annually to each of the importers in China. The overall volume to be supplied to the five importers during the three years can make some 3.5 million tons.
Photo: Uralkali / Nakanune.RU