Producer

PhosAgro

PHORHQ RU · Moscow, Russiawebsite ↗

Russia's largest phosphate producer and one of the world's largest fertilizer companies. Operates the Apatit subsidiary at the Khibiny deposit (Kola Peninsula, Murmansk region) — one of the world's largest and highest-grade phosphate deposits (P2O5 content ≥37.5%). Khibiny is Russia's ONLY apatite-nepheline ore source. New +10m level of Kirovsky mine commenced March 2024. NOT under Western commodity sanctions (unlike Belaruskali/Uralchem in fertilizers). Russia produced 14M MT phosphate in 2024. PhosAgro simultaneously produces nepheline concentrate from the same Khibiny ore — a byproduct used in aluminum and glass manufacturing.

4

Inputs supplied

2

Goods downstream

4

Facilities

0

Stories

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  • Apatite-Nepheline Mining (Khibiny — Highest-Grade Phosphate)

    22%
  • Phosphate Fertilizers (DAP, MAP, NPK)

    55%
  • Nepheline Concentrate (Glass, Ceramics, Aluminum Byproduct)

    8%
  • Ammonia & Nitrogen

    15%

Intelligence

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  • Did you know2024

    The Khibiny apatite-nepheline ore mined by PhosAgro's Apatit subsidiary yields two separate critical minerals from the same ore: apatite (phosphate for fertilizers) and nepheline concentrate (for aluminum oxide production and the glass/ceramics industry). PhosAgro is the world's largest producer of high-grade apatite concentrate AND Russia's only producer of nepheline concentrate — both from the same Kola Peninsula deposit. Russia's entire phosphate fertilizer supply chain and a portion of its aluminum/glass raw material supply share a single Arctic deposit that has no domestic alternative.

    PhosAgro
  • Capacity2022

    PhosAgro is one of only two major Russian fertilizer companies (with EuroChem) that was NOT placed under Western commodity sanctions following Russia's 2022 Ukraine invasion — because EU and US policymakers explicitly decided that restricting Russian phosphate fertilizer exports would cause a global food security crisis. PhosAgro supplies approximately 15% of European phosphate fertilizer imports. Its Khibiny ore has significantly higher P₂O₅ grades than Moroccan phosphate — making Russian phosphate particularly valuable for high-nutrient NPK compound fertilizer production. The fertilizer-food security exemption creates an unusual situation: PhosAgro can still access SWIFT banking, European ports, and shipping routes that are blocked for other Russian commodity exporters. A Russian state-linked company remains deeply embedded in European and global food supply chains despite broad Russia sanctions — a deliberate policy choice that prioritizes global crop yields over sanctions completeness.

    Reuters
  • Origin2023

    PhosAgro PJSC was established from the assets of Apatit (the Soviet-era apatite mining company at Khibiny, Murmansk Oblast) in the early 2000s following Russian post-Soviet industrial restructuring. Khibiny was discovered as a major apatite deposit in 1921 by Soviet geologist Alexander Fersman during Arctic expeditions. Stalin built the city of Kirovsk (1929) specifically to mine Khibiny apatite — creating the world's largest Arctic mining settlement. The deposit remains Russia's only commercial apatite ore source and one of the world's highest-grade phosphate reserves. PhosAgro listed on the London Stock Exchange in 2012. Mikhail Gutseriyev's family retains substantial beneficial ownership. Despite Russia's broad exclusion from Western financial systems after 2022, PhosAgro maintained access to international fertilizer markets through explicit food security exemptions in Western sanctions.

    PhosAgro PJSC