Sirius Minerals Plc

Sirius Minerals Plc
Public
Traded as (AIM: SXX)
Industry
Founded 2003
Key people
Chris Fraser (managing director and CEO)
Products
Revenue £0.00 (GBP)
£0.00 (GBP)
Website www.siriusminerals.com
Footnotes / references
[1]
Proposed mine, mineral transport system and Teesside plant[2]
Project area of interest[3]

Sirius Minerals Plc is a fertilizer development company based in the United Kingdom, quoted on the London Alternative Investment Market (AIM: SXX). The Company’s stated focus is the development of the York Potash Project[1] which aims to exploit the world’s largest deposit of polyhalite,[4] a type of potash.

The company plans to create a mine three miles south of Whitby, North Yorkshire[5] and an underground conveyer system to transport the mineral from the mine site to a materials handling facility at Teesside almost 23 miles away.[2]

The area of interest is located on the Yorkshire coast, mostly within the North York Moors National Park. The mineral seam lies 1,500 metres below the surface,[6] covering an area of approximately 796 square kilometers (around 271 square kilometers onshore and 535 square kilometers offshore).[1]

Operations

Following approval from the North York Moors National Park Authority in June 2015,[7] the AIM-listed company has stated it will seek financing in order to begin construction.[6]

References

External links

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