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Uralkali welcomes Action Africa: Thriving Farms, Thriving Future initiative tosupport African farmers

08.06.2020

Uralkali (the Company; Moscow Exchange: URKA), one of the worlds leading potash producers, announces that it is supporting the Action Africa: Thriving Farms, Thriving Future initiative founded by Yara (Norway), a major mineral fertiliser producer.

This project, backed by the UN World Food Programme and supported by a number of African industry associations and organisations, intends to provide local agricultural producers with mineral fertilisers and relevant digital solutions, and to offer information and agrochemical support to ensure food security amidst the global economic crisis in the wake of the COVID-19 pandemic.

As a leading potash industry member, Uralkali intends to make a significant contribution towards improving the efficiency of farms in African countries, ensuring that demand for their products is met to the maximum potential and increasing their yield, in addition to strengthening the health and immunity of the local population through better nutrition and guaranteeing access for the most vulnerable population groups in Africa.

Dmitry Osipov, Uralkali CEO, commented:

Ensuring food security in Africa is one of the most pressing and urgent issues we are facing in the context of the current economic crisis and the coronavirus pandemic. We fully support the initiative of our colleagues at Yara and are planning to provide comprehensive support to farmers in Zambia, Mozambique, Zimbabwe, Nigeria and Tanzania.

Uralkali (www.uralkali.com) is one of the worlds largest potash producers and exporters. The Companys assets consist of 5 mines and 7 ore treatment plants in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs more than 12,000 people in the main production unit. Uralkalis shares are traded on the Moscow Exchange.

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