Sirius CEO Plans to Start $2.7 Billion U.K. Potash Mine in 2017
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Sirius Minerals Plc plans to begin production in 2017 at a proposed $2.7 billion potash mine that’s set to become the largest in the U.K., and is in talks with lenders on helping to finance the development.
“What we’ve shown is the project has the potential to be one of the most significant mining and fertilizer developments in the world,” Chief Executive Officer Chris Fraser said by telephone. The company today released a preliminary development study showing the mine may also produce gypsum and epsomite.