Verkhnekamsk Potash Company

Developing the Talitsky area of Verkhnekamsk potassium-magnesium salt deposit in Perm Krai

  • 59.9
    mt
    KCl reserves
    (JORC)
  • 2
    mtpa
    of potassium chloride
    (can be increased to 2.6 mtpa)

In 2008, Acron Group member Verkhnekamsk Potash Company (VPC) obtained a licence to develop the Talitsky area of the Verkhnekamsk potassium-magnesium salt deposit in Perm Krai, and currently is building a mining and processing complex. The project is aimed at completing Acron Group’s vertical integration by creating a potash raw material base for complex fertiliser production.

Talitsky Mine Key Parameters

  • Mineral resources under JORC (Measured and Indicated)* — 719.4 million tonnes // 35.56% KCl // 255.8 million tonnes KCl
  • Ore reserves under JORC (Proven and Probable)* — 190.7 million tonnes // 31.4% KCl // 59.9 million tonnes KCl**
  • Mine capacity: 2 million tonnes of KCl with further expansion to 2.6 million tonnes per year
  • The project is being implemented with the participation of Sberbank Investments

Project Stages

2018

  • Start of shaft sinking

2017

  • Obtaining subsoil licence No. ПЕМ 02683 ТП for geological study of subsoil resources of the East Talitsky area of the Verkhnekamsk potassium-magnesium salt deposit
  • Approval by the Ministry of Natural Resources and Environment in Perm Krai of the basic engineering design documentation for the following projects: Development of Ground Construction Materials Deposits “Talitsky Open Pits 1 and 2” and “Talitsky Open Pit 3”. The open pit mines will supply ground materials required for construction of the Talitsky mine’s surface facilities
  • Completion of general preparations for vertical shaft freezing and sinking

2016

  • Approval by GlavGosExpertiza of the third project stage (construction of a surface complex)
  • Amendment of subsoil licence No. ПЕМ 15349 for the Talitsky area to extend the licence term through 2053
  • Continuing the construction of temporary buildings and structures for freezing and shaft sinking

2015

  • Approval by GlavGosExpertiza of the second project stage (construction of the underground mine)
  • Continuing construction of temporary buildings and structures for freezing and shaft sinking

2014

  • Assembling equipment for the freezing plant and brine pipes for shaft sinking
  • Commissioning of an administrative building for contractors
  • Commissioning of the Talitskaya-1 main step-down substation, which will provide the mine site with electricity during construction

2013

  • Commissioning accommodations for 250 people
  • Completing freezing holes for soil freezing for shaft sinking
  • Signing a contract for shaft sinking
  • Completing levelling for construction of beneficiation factory, concrete mixer and arch warehouses
  • Commissioning of an administrative building for VPC workers

2012

  • Approval of the first project stage (construction of vertical shafts) by GlavGosExpertiza, Russia’s main state expert review board

2009–2011

  • Geological exploration

Main Provisions of the Licence Agreement (including amendments dated 29 March 2016)

The deadline for reaching design capacity is established in the approved mine development engineering design.

Reserves

Talitsky Area Balance Reserves (Minutes of Federal Subsoil Resources Management Agency Rosnedra No. 2809 dated 29 June 2012)

Balance Reserves
(sylvinite)
Mineral Salt, '000 t K₂О, '000 t KCl, '000 t
А 86,334 18,973 30,029
В 218,617 49,588 78,487
С1 421,124 94,442 149,477
А+В+С1 726,075 163,033 257,993

Talitsky Ore Reserves under JORC

Category Amount, mn t KCL, % KCL, mn t **
Proven reserves 72.3 34.5 24.9
Probable reserves 118.4 29.6 35.0
Total 190.7 31.4 59.9

* Mineral resource and ore reserve statement on the Talitsky potash project, Berezniki, Russia (SRK Consulting, 2016)

** Calculated based on SRK Consulting data



Read more about VPC 

Contacts

Berezniki

10, Gagarin Street, Berezniki
Perm Krai 618419
Russia

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