Alternate Sirius Minerals debt financing proposal falls through

Published by Nicholas Woodroof, Editor
World Fertilizer, Monday, 17 February 2020 10:00

As reported by Reuters, Sirius Minerals has announced that talks with a consortium of financial investors on an alternate debt financing proposal to raise US$680 million has fallen through, putting the company at the risk of going under administration or liquidation.

The company also urged its shareholders to vote in favour of Anglo American’s proposal to buy Sirius, as the move to find bank financing to complete its North Yorkshire polyhalite mine, Britain’s biggest mining project, failed.

Anglo American earlier this year agreed to buy Sirius for £404.9 million.

Read the article online at: https://www.worldfertilizer.com/project-news/17022020/alternate-sirius-minerals-debt-financing-proposal-falls-through/

Ammobia and Lummus Technology commercialise ammonia for low-carbon energy

Friday 28 August 2026 10:00

Ammobia has announced an agreement with Lummus Technology to license and deploy its ammonia production system to support low-carbon maritime fuel and energy storage and transport.

You might also like