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Sirius signs potash offtake agreement with Central American distributor

10:15 AM MDT | August 18, 2014 | Natasha Alperowicz

Sirius Minerals (London), which is developing the world’s largest and highest grade deposit of polyhalite, announced today the signing of an additional binding take-or-pay offtake agreement for polyhalite from the York potash project in the United Kingdom. The agreement is with a “well-established” Central American–based fertilizer distributor that also operates in Colombia, the company says.   The agreement is structured to align with York potash's proposed production ramp-up schedule. It is based on the supply of 150,000 m.t. in the...

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