Belaruskali

Open Joint Stock Company Belaruskali is a large producer and exporter of potash fertilizers.

Aktivs

The history of "Belaruskali" - since 1958. As of January 2014, the company has four ore departments, auxiliary and servicing divisions (transport, energy, repair, construction and other companies and workshops).

History

2025: US lifts sanctions on company in exchange for 123 prisoners released

The global potash market reacted with restraint to the US decision to lift sanctions on Belarusian producer Belaruskali in December 2025. This indicates that a serious increase in supplies should not be expected. Despite the easing of restrictions by the United States, EU sanctions remain in force. Belarus still depends on Russian ports and railway routes to China, which limits exports and increases costs.

Potassium exports from Belarus have already recovered almost to the pre-sanction level due to more expensive routes through Russia. Analysts note that the growth in supplies to the United States, if it occurs, is likely to be offset by a reduction in exports to other regions, without changing the overall balance of the market.

In December 2025, Belarus released 123 prisoners. Among those released are Maria Kolesnikova (one of the most famous figures of the Belarusian opposition) and Nobel laureate Ales Bialiatski. Many of them were expelled abroad, some of them were transferred to Ukraine.

2020: Dumping in China's market

Saudi dumping tactics in the oil market turned out to be an infectious example for Belarus, competing with Russia in the supply of potash fertilizers.

The Belarusian potash company, a trading subsidiary of Belaruskali, has sharply reduced prices for consumers in China.

On April 30, 2020, the company announced that it had signed a contract with a consortium of Chinese buyers (Sinochem, CNAMPGC, CNOOC) at a price of $220 per ton. Compared to the previous contract, Belarusian fertilizers fell in price for the PRC by $70 per ton, or almost 32%.

The company noted that the deal "creates a solid foundation for the stabilization, recovery and subsequent progressive development of the global potash market."

The Russian competitor, Uralkali, may be forced to completely abandon supplies to China due to the low price proposed by Belarus, follows from the company's statement. In 2019, Uralkali sold fertilizers to India for $280.