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Sirius Minerals says mine has world's highest and thickest grade of polyhalite ore reserve
BOSSES behind a stalled £1.5bn potash mine says the project could last more than 100 years.
Sirius Minerals, which wants to mine polyhalite, a form of potash, under the North York Moors National Park, at Sneaton, near Whitby, says a new report shows the planned development has the highest and thickest grade of polyhalite ore reserve in the world.
Earlier this week, the plans were put back a year after Sirius said it will submit planning information to the North York Moors National Park authority next summer.
Sirius bosses say the ore reserve has about 250 million tonnes of polyhalite, showing its York Potash project will last for at least half a century.
Chris Fraser, Sirius Minerals' managing director and chief executive, said: “The scale and quality of the polyhalite deposit has now been confirmed as truly exceptional.
“Our exploration programme has delivered a number of world firsts; the world’s largest and highest grade polyhalite resource, and the world's thickest and highest grade polyhalite ore reserve.
“Defining such a significant high quality ore reserve is a vitally important step in the financing and development of the project.”
“While the additional time required for the approvals process is frustrating, a potential mine life of more than 100 years hopefully puts that into some perspective.”
The plans were due to be examined in July, but were deferred for a third time when Sirius asked for more time to address environmental concerns.
They were this week put back for nearly a year when bosses opted to present all environmental information at the same time.
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