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The Guardian - UK
The Guardian - UK
Business
Nick Fletcher

Sirius Minerals subsides on concerns about its York national park potash project

Sirius Minerals has been undermined by concerns about approval of its proposed potash project in North Yorkshire, sending its shares down almost 11%.

A recommendation from a local planning committee on the proposal to mine polyhalite, a form of potash, on the North York National Park is due by the end of this week with a vote set to take place next week.

But a report by consultant Amec is contains a number of negative views on the project, although Sirius said it was "a subjective opinion" and it was preparing a detailed response.

But the company's shares have fallen 3p to 24.5p on the uncertainty. SP Angel analysts said:

With concerns still being voiced by the National Park, definite approval by the end of the week looks like quite a challenge.
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