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Verkhnekamsk Potash Company

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

  • 60
    m t
    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 mn t // 35.56% KCl // 255.8 mn t KCl
  • Ore reserves under JORC (Proven and Probable)* — 190.7 mn t // 31.4% KCl // 59.9 mn t KCl**
  • Mine capacity: 2 mn t of KCl with further expansion to 2.6 mtpa
  • The project is being implemented with the participation of Sberbank Investments

Project Stages

2020–2029

Construction of the Talitsky mine underground and surface facilities, as well as external engineering network and line infrastructure

2018–2020

Exploration of the VPMSD East Talitsky area completed; two vertical shafts in frozen rock drilled

2012–2017

Construction of temporary buildings and structures for two vertical shafts sinking

2012–2016

The Talitsky mine construction design developed; approval from the state expert review board obtained; Talitsky mineral resources and ore reserves assessed under revised 2012 JORC Code

2011–2012

Mineral reserves evaluated under JORC code; the feasibility study to evaluate subsurface conditions and estimate ore reserves approved by the Russian State Commission for Mineral Reserves (Rosnedra)

2006–2010

The subsoil licence for the Talitsky area obtained; geologic exploration and preliminary study of main construction solutions for the Talitsky mine performed

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 **
Proved 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, Perm Krai

10 Gagarin Street
Berezniki, Perm Krai 618419
Russia

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