Bloomberg News

Uralkali Says Crack From Flooded Potash Mine Approaches Railway

October 17, 2008

OAO Uralkali, Russia's second-largest potash producer, said the ``ground crack'' from a flooded mine in central Russia is approaching a railroad serving shipments from competitor OAO Silvinit.

The fissure is within 64 meters (210 feet) of the railway line, the Berezniki-based company said in an e-mailed statement today, citing findings by a committee of government and company officials.

As well as carrying more than 90 percent of Silvinit's annual output, the railroad services OAO VSMPO-Avisma, the world's biggest titanium producer, and fertilizer maker Azot Berezniki.

To contact the reporter on this story: Maria Kolesnikova in Moscow at mkolesnikova@bloomberg.net.

To contact the editor responsible for this story: Stuart Wallace at swallace6@bloomberg.net.


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