23 Apr 2015 12:41
23 April 2015
Sirius Minerals Plc
Approvals update - Redcar approval
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") provide an update on the approvals process for the York Potash Project ("the Project").
Further to the announcement on 15 April 2015, at a Regulatory Committee held earlier today by Redcar and Cleveland Borough Council ("RCBC"), councillors unanimously resolved to grant permission for the York Potash mine and mineral transport system ("MTS") planning application.
The remaining key applications are: that part of the 'straddling application' for the mine and MTS which has been submitted to the North York Moors National Park Authority; the materials handling facility application, which has been submitted to RCBC; and the application for the harbour facilities which has been submitted to the Planning Inspectorate.
Chris Fraser, Managing Director and CEO of Sirius, commented:
"We are delighted with the positive decision from Redcar and Cleveland Borough Council for this substantial part of the Project and look forward to further progress with our other applications.
"The application is a significant part of the overall approvals required for the delivery of the Project and an important step forward for Sirius."
The Company's ordinary shares are expected to be restored to trading at 1pm today.
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 a potash development company with properties in the United Kingdom (North Yorkshire) and the United States (North Dakota). Its primary focus is the development of the York Potash Project 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.