14 Jul 2015 12:28
14 July 2015
Sirius Minerals Plc
Approvals update
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") provide a procedural update on the approvals process for the York Potash Project ("the Project").
The Company has been notified by the relevant local authorities that Secretary of State for Communities and Local Government has chosen not to 'call-in' the Project planning applications. As a result, there will be no need for a public inquiry into the applications.
The local planning authorities can proceed with finalising the remaining issues (as detailed in the announcement of 10 July 2015) and therefore have no other barrier to issuing the decisions notices, following previous positive resolutions to grant by each authority.
The decisions are for the mine and mineral transport system applications to both the North York Moors National Park Authority and Redcar and Cleveland Borough Council ("RCBC"), for the materials handling facility from RCBC, and for the temporary construction accommodation and a park and ride facility from Scarborough Borough Council.
Chris Fraser, Managing Director and CEO of Sirius, comments:
"This is yet another positive step forward on our pathway to developing the Project and increasing shareholder value."
For further information, please contact:
Sirius Minerals Plc Investor Relations
|
Email: ir@siriusminerals.com |
Tel: +44 845 524 0247 |
Joint Brokers Liberum Capital Limited |
Clayton Bush |
Tel: +44 20 3100 2222 |
Macquarie Capital (Europe) Limited (NOMAD) | Ken Fleming, Nick Harland, Nick Stamp | Tel: +44 20 3037 2000 |
WH Ireland
| Adrian Hadden | Tel: +44 20 7220 1666 |
Media Enquiries Tavistock | Jos Simson, Mike Bartlett, Emily Fenton | Tel: +44 20 7920 3150 |
Warrant Trading Enquiries Liberum Capital Limited |
Simon Smith |
Tel: +44 20 3100 2171 |
About Sirius Minerals Plc
Sirius Minerals is the potash development company focused on the development of the York Potash Project in the United Kingdom, which has the world's largest and highest grade deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at: www.siriusminerals.com.