Phosagro's capex for the current year will total a record ₽73 billion, up 14% year-on-year. Company has revised and consolidated its investment project for the future development of its Balakovo facilities, increasing its total financing from ₽15.6 billion to ₽27 billion. In Cherepovets and Volkhov, projects to increase the processing of apatite concentrate...

PhosAgro in 1Q 2024 produced 2.933 million tonnes of fertilizers, up 6.8% year-on-year from 2.746 million tonnes a year earlier. Phosphate fertilizer output increased by 9.2% to 2.26 million tonnes. Nitrogen fertilizer output fell 0.4% to 0.673 million tonnes. Fertilizer sales increased by 11.5% to 3.015 million tonnes. Phosphate fertilizer sales increased b...

Phosagro launched a new horizon at the Kirovsky mine in the Murmansk region. Investments in the development of the horizon amounted to more than ₽36 billion. Its launch will increase the total amount of apatite-nepheline ore reserves to ₽300 million tonnes.

Phosagro began commercial operation of a new fertilizer production complex in Volkhov. Investment in the project exceeded ₽34 billion. Mineral fertilizer output will increase fourfold to more than 1 million tonnes per year by 2019, when the project began. Processing of apatite concentrate will increase 5-fold to over 1.5 million tons, while production of sul...