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Sirius Minerals acquires farm near Whitby for York Potash Project
BOSSES behind a delayed £1.5bn potash mine have bought a farm to push the development forward.
Sirius Minerals says it has acquired Doves Nest Farm, near Whitby, where it wants to build shafts and buildings to mine polyhalite, a form of the fertiliser potash, under the North York Moors.
The company says the project, known as the York Potash Project, could create at least 1,000 jobs in the area.
Bosses have revealed the farm site, which will remain occupied and operational until a decision is made on the scheme, includes farm buildings, a farmhouse, and three holiday cottages.
Sirius will re-submit its plans for the mine to the North York Moors National Park Authority and North Yorkshire County Council in July next year, after they were delayed when the firm asked for more time to address environmental concerns.
The company said it wanted to ensure all information is available at the same time.
Chris Fraser, Sirius managing director and chief executive, said: “There is no greater evidence of our determination to achieve the approval and completion of this project than our purchase of Dove’s Nest farm, which is the proposed location of the mine.”
The company has also revealed potential plans to extend to an underground boundary, saying it held mineral rights in places that stretched out of the park boundary.
Earlier this year, it secured a raft of international sales deals to deliver 750,000 tonnes of potash every year through agreements with companies in China, Latin America and Africa.
It says the contracts will see Sirius supply 2.78 million tonnes every year if the mine is approved by planning officials, with Sinoagri, one of China's largest fertiliser distributors, receiving 500,000 tonnes of polyhalite every year for ten years, and 250,000 tonnes sent every year to companies in Latin America and Africa.
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