Uralkali Plans to Start Ust-Yaiva Mine in 2020

Yuliya Fedorinova / Bloomberg (UK)

(Bloomberg)  (Company clarifies start date of production at mine in May 17 story) Work at mine is on schedule, with the first output planned in 2020, Uralkali says in statement.

* Entire project, including processing plant, will be on-line after 2022

* Co. confirms plans to increase output to 14.4m tons of potash/year from 13.1m tons in 2017

* NOTE: Ust-Yaiva mine will have capacity of 2.5m tons of potash/year.