Mike ODriscoll, Siobhan Lismore
Cleveland Potash Ltd (CPL, a subsidiary of Israel Chemicals Ltds (ICL), plans to start producing polyhalite, a unique mineral salt which is used as a speciality fertiliser, at its existing potash operation at Boulby, in north-east UK.
The project comes as a £15m. ($24.4m.) grant has enabled CPL to progress with a programme to mine and process the mineral. The CPL grant was one of the biggest awards made during the first round of the UKs Regional Growth Fund programme.
It was made with the goal of creating a significant number of new jobs at the Boulby mine while simultaneously protecting the future of its 850-strong workforce.
CPL has already invested over £12m. ($19.5m.) in feasibility and commercialisation studies, including the construction of...