Sirius Minerals says it will supply polyhalite for 10 years to Yunnan TCT Yong-Zhe

First published in Business News The Northern Echo: Photograph of the Author by

A FIRM hoping to build a potash mine in North Yorkshire has signed a 10-year deal with a Chinese company.

Sirius Minerals wants to drill about 2.6 billion tonnes of polyhalite fertiliser at Sneaton, near Whitby, North Yorkshire.

The company says it will create more than 6,000 jobs in ten years and put about £55m into the local economy, and has signed a contract with Yunnan TCT Yong-Zhe to supply one million tonnes of polyhalite every year from 2017.

The North York Moors National Park Authority is due to discuss a planning application for the mine on July 29.

Chris Fraser, Sirius Minerals' managing director and chief executive, said: “This is a major milestone further demonstrating the market for polyhalite in the largest fertiliser market in the world.”

Sirius already has deals in place with fertiliser distributors and manufacturers across the world, including one to supply 1.75 million tonnes of the mineral every year to Swiss firm, Keytrade AG.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree