Sirius Minerals Plc Approvals update - Harbour approval secured (7314E)
20 July 2016 - 7:36PM
UK Regulatory
TIDMSXX
RNS Number : 7314E
Sirius Minerals Plc
20 July 2016
20 July 2016
Sirius Minerals Plc
Approvals update - Harbour approval secured
Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the
"Company") announces that it has received government approval for
the Harbour Facilities element of its North Yorkshire polyhalite
project (the "Project"). As a result, all major approvals for the
Project have now been granted.
The Company has today been informed by the Department for
Transport that the Secretary of State has approved its Development
Consent Order ("DCO") for the Harbour Facilities at Teesside. This
includes the new berth, ship loading facilities and the conveyor
linkage to the Company's materials handling facility at the Wilton
International site. The DCO includes all the compulsory purchase
powers needed to develop the Harbour Facilities.
Chris Fraser Managing Director and CEO said:
"We're delighted to have secured this final approval for the
Project and would like to thank everyone who has contributed
towards the positive determinations of all of the planning
applications and the DCO application.
"Our team is currently actively engaged in the financing phase
of the Project and I look forward to providing further updates in
due course. We are closer than ever to delivering this world-class
Project."
A copy of the decision letter is available on the National
Infrastructure Planning website:
https://infrastructure.planninginspectorate.gov.uk/projects/north-east/york-potash-harbour-facilities-order/
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
For further information, please contact:
Sirius Minerals Plc
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
524 0247
------------------------- ------------------------------- ---------------
Joint Brokers
Liberum Capital Limited Neil Elliot, Tel: +44 20
(NOMAD) Clayton Bush, 3100 2222
Jill Li
J.P. Morgan Cazenove Ben Davies, Jamie Tel: +44 20
Riddell 7742 4000
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
------------------------- ------------------------------- ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 3150
Emily Fenton
------------------------- ------------------------------- ---------------
About Sirius Minerals Plc
Sirius Minerals is the fertilizer development company focused on
the development of its North Yorkshire polyhalite project, the
United Kingdom. It 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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