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Woodsmith mine a money pit for Anglo as costs triple

Summary by Ground News
Anglo American's Woodsmith project involves extracting polyhalite from a mile beneath the North York Moors National Park, near Whitby. In 2017 Sirius Minerals, the previous owner of the mine, estimated a $2.9 billion cost. Tom McCulley, head of Anglo American's crop nutrients division, said estimates of $9 billion costs were not too far off.

1 Articles

The TimesThe Times
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Woodsmith mine a money pit for Anglo as costs triple

The estimated cost of Britain’s largest private sector infrastructure project to build a fertiliser mine in Yorkshire has tripled in seven years.Anglo American

·London, United Kingdom
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The Times broke the news in London, United Kingdom on Thursday, November 9, 2023.
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