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October 13, 2015 1:29 PM ET

Metals and Mining

Company Overview of Cleveland Potash Limited

Company Overview

Cleveland Potash Limited produces and supplies potash fertilizers for agriculture and industry uses. Its potash products are used for fertilizer production, glass making, and applications in the chemical and pharmaceutical industries. The company also offers salt products that are used for road maintenance, sugar beet cultivation, and as an ingredient in animal feeds. Its products are sold and distributed through its parent company in Europe. The company was incorporated in 1967 and is based in Saltburn-by-the-Sea, United Kingdom. As of April 2002, Cleveland Potash Limited operates as a subsidiary of Israel Chemicals Ltd.

Boulby Mine


Saltburn-by-the-Sea,  TS13 4UZ

United Kingdom

Founded in 1967

Key Executives for Cleveland Potash Limited

Managing Director, General Manager and Director
Chief Financial Officer and Director
Interim Senior Human Resources Manager
Safety, Environment and Risk Manager
Surface Operations Manager
Compensation as of Fiscal Year 2015.

Cleveland Potash Limited Key Developments

Cleveland Potash Limited Announces Frame Work Agreement

Cleveland Potash Limited announced the frame work agreement for the supply and delivery of salt for carriage ways and foot ways.

Cleveland Potash Ltd. Plans to Expand its Activities to Mine Polyhalite

ICL announced that Cleveland Potash Ltd. will expand its activities to mine Polyhalite, which it markets under the name Polysulphate, at its Boulby Mine located in North East England. This follows the announcement that the UK government has approved a grant of GBP 4.9 million for the expansion project. CPL will begin implementing a GBP 38 million investment programme designed to increase production capacity and mining of Polyhalite to around 600,000 tonnes per year, compared to its current production level of approximately 130,000 tonnes. The investment will be made over the coming year after which ICL will evaluate the potential for a further expansion of the project. CPL is the only company mining Polyhalite and from 2010 ICL Fertilizers began to market Polysulphate as a new fertilizer into agricultural markets. An additional advantage of Polysulphate is its high Sulphur content (48% SO(3)) which means that this mineral provides a solution for Sulphur-deficient land, a growing concern for farmers in the Western world as the amount of Sulphur deposition from the atmosphere decreases. Polysulphate can be applied directly to land in its natural form or be used as raw material input for fertilizer production.

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