The company’s stock fell to its lowest in more than a year — likely a market reaction to the higher funding costs and dilution from the share placing.
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The company has found in BayWa, a Germany agribusiness, a partner that will distribute in Europe the fertilizer Sirius plans to produce from its Woodsmith mine.
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West Cumbria Mining plans to open the country’s first new deep coal mine is a step closer after councillors in the English county of Cumbria unanimously approved the project.
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The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It’s set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.
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