Sirius Minerals submits 'compelling case' for York Potash Project
AIM-listed mining and exploration holding company Sirius Minerals has provided an update on the planning approval process for its York Potash Project.
AIM-listed mining and exploration holding company Sirius Minerals has provided an update on the planning approval process for its York Potash Project.
Following requests for further information previously made by the North York Moors National Park Authority (NYMNPA), the company said it had now submitted a full range of documents.
Chris Fraser, Managing Director and Chief Executive Officer of Sirius, commented: "We have submitted a robust and full set of documents that put forward a compelling case for the National Park to make a positive decision on July 2nd 2013."
Based in North Yorkshire, the York Potash Project targets the production of Polyhalite, a multi-nutrient mineral containing four of the six macro-nutrients required for plant growth.
According to Sirius Minerals' website, the initial development for the project will target multiple routes to market including production of large-scale granulated Polyhalite as a direct application fertilizer and as a main source of potassium for the production of nitrogen, phosphorus and potassium fertilizers.
Sirius' share price was up 1.15% to 22p at 10:50 on Tuesday morning.
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