Uralkali wants to buy Belaruskali again

The company also continues to monitor Belarus state miner and acquisition target Belaruskali.

The joint venture controls 43 percent of the global potash export market, and Baumgertner reiterated that Belaruskali is an attractive target, although he did not expect the Belarusian government to put up a majority stake for sale soon.

"We don't see the possibility of a deal this year ... we haven't received any information from the Belarusian government indicating that they want to privatise a controlling stake," he said.