RE: Affimers19 Nov 2024 10:26
Slightly different business model there Thorn £3 billion + just to complete the mine but as you like chatgp here you go.
The Woodsmith potash mine in North Yorkshire, England, was estimated to cost around $3.3 billion to complete. However, the project encountered several unexpected costs and challenges, including:
Tunneling: The original estimate of £3 billion for the tunneling and mineshaft phase was increased to £3.6 billion due to changes to the tunnel's diameter and lining thickness.
Takeover: In 2020, Anglo American took over the project from Sirius Minerals for £405 million ($497.42 million) after Sirius struggled to raise funding.
Writedown: Anglo American wrote down $1.7 billion on the project.
The Woodsmith mine is expected to be one of the world's largest potash mines and could produce polyhalite for over 50 years. Polyhalite is a mineral that contains potassium, magnesium, calcium, and sulfur, which are all key elements for plant growth. The mine is expected to create thousands of jobs during construction and around 1,000 permanent positions once it opens.
Woodsmith Mine - Wikipedia
Mineral transport tunnel ... The tunnel was originally due to be 14 feet (4.3 m) in diameter, but after the initial groundworks and with an enhanced understandi...
Wikipedia