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/

Worley and JESA International S.A. to provide EPCM services for Ma’aden’s Phosphate 3 Phase 1 Project

Wednesday 01 February 2023 08:39

Under the EPCM contracts, Worley will provide in-Kingdom services and JESA will provide out-of-Kingdom services, for the design and construction of new process plants in the industrial cities of Wa’ad Al Shamal (WAS) and Ras Al-Khair (RAK) in Saudi Arabia.

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