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A good find indeed. $100 per tonne should be easy enough.
There’s no market but that little mine down the road only produces around one million tonnes.
Having gone on record as saying there is no market for Sirius’s product, they have changed their tune somewhat.
https://www.icl-uk.uk/boulby-achieves-fantastic-results-as-mine-hits-new-production-record/
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It looks increasingly like they’ll only use one TBM. I guess that means 2 more years for the tunnel to be completed. Maybe we could have a sweepstake on the date the tunnel connect Woodsmith to Teesside. I’ll guess at 5th February 2025.
Hopefully the production and service shafts will be complete around the same time.
The TBM access shaft could be extended to make a 2nd production shaft. This would enable a higher extraction rate (28 million tonnes per year was mentioned some years ago. It would also de-risk the production by having a spare shaft (we could name it Harry :) ).
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It’s because AAL haven’t committed the funds to complete the project. He couldn’t say the project would definitely be completed when the funds are not yet in place, could he?
Plus, it keeps contractors on their toes - not knowing that future work is guaranteed :) .
Fingers crossed that everything continues to completion.
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I’ve listened to the presentation (at least, the about Woodsmith) and I don’t share your concern..
The whole point of having a staged approach to the development is to allow periods of time to pause and assess the project.
Committing the full funds now would attract a lot of risk. In its simplest form, risk is likelihood x impact. Whilst the likelihood of a major obstacle may be small, I think the hazard could be exceptionally high if some of the largest risks materialise.
I’ve mentioned it before and I’ll mention it again. The creation of a new port on Teesside cannot be guaranteed. The port could be scuppered if the Port Authorities are not allowed to continue destroying the ecosystem. If it is decided that decades of heavy industrial poisons need to dealt with in a manner fit for the 21st Century, the costs could escalate sharply. Whilst these costs are not directly born by AAL, the potential delays would impact the current plan for delivering product to market.
There may be more news on this risk next month.
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… according to the latest minutes from the Liaison Group Forum Meeting held in September…
https://uk.angloamerican.com/our-community/liaison-group-forum
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If the miners’ village plan is canned, would you think that there’s a risk that the Woodsmith project could be significantly delayed. Why would AAL abandon plans to set up tye miners’ village if it was still needed?
Rumours are that AAL are abandoning plans for the village.
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Hi all
There has been plenty of new stories about the ecological disaster on the north east coast.
DEFRA suggested the most likely cause was an algal bloom. Many experts and those involved in fishing believe the deaths of millions of crustaceans was due to high levels Pyridine, disturbed by dredging.
If the deep ports are to be built, if (when) the truth comes out about the cause, this could see the cost of providing deep berths rise sharply.
Maybe it was an algal bloom. Maybe it wasn’t. If it wasn’t, Woodsmith could be delayed signifily.
What are your thoughts?
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I think the outcome of the review isn’t due to be announced until late in the year.
In my opinion, it’s likely that just one TBM will be used and that the site will be operational when that TBM completes its work. Launched in April 2019, it is now around half way therefore I think (for what it is worth), first saleable Poly4 will be in mid 2025.
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https://www.gazettelive.co.uk/news/teesside-news/woodsmith-fertiliser-mine-owner-anglo-23407422
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