Sirius Minerals investors shaken by increased fertilizer project costs

摘要

LONDON (ICIS)--UK developer Sirius Minerals has rattled investors after announcing that it requires $400-600m additional financing to complete its Woodsmith polyhalite fertilizer project in Yorkshire. - Additional $400-600m required to finish project. - Share price drops 30% to low of under ￡24/share before rebounding. - Transport tunnel contract agreed. Sirius’ project aims to produce a polyhalite-based fertilizer, which Sirius will bring to market under the brand name Poly4.