OJSC PhosAgro (MICEX-RTS, LSE: PHOR), a Russian vertically-integrated company, one of the largest producers of phosphate fertilizers, today announced the signing of a contract with JSC "Belaruskali" for the supply of potassium chloride in 2015

"This contract will allow us to continue to successfully hedge the risks associated with the delivery of potassium chloride on the chemical production of "FosAgro" Volkhov and Cherepovets", said General Director of OJSC "PhosAgro" Andrey Guriev.

Depending on the brands produced NPK/PKS fertilizers, currently PhosAgro potentially able to buy Belaruskali and Uralkali total of up to 800 thousand tonnes of potassium chloride per year.