Sirius potash mine

[The Ruminant]

I see in today’s Times that the directors of Sirius, the new Potash mine owners in Yorkshire, are struggling to raise finance (£3.6bn!) and therefore there may be “significant doubt over its ability to continue as a going concern”

 

[The Ruminant]

 

[The Ruminant]

 

[The Ruminant]

 

[The Ruminant]

 

[Northeastfarmer]

I hope not...I’ve invested plenty in it

 

[poorsheepfarmer]

I hope not...I’ve invested plenty in it

Could you not help them out with the balance?

 

[Hammer]

That does sound rather sirius...

 

[Bloders]

i have some money invested. not so much but when i invested i consider it will either make me a lot, or lose it all.
When i last looked, id doubled my money, suspect its dropped now.

 

[Roger Perry]

Why does it need a tunnel 23 miles long..? can they not rail the product out.

That cost alone must be scary.

 

[Cab-over Pete]

Because if they had a shorter tunnel, it would be too short.

 

[poorsheepfarmer]

Why does it need a tunnel 23 miles long..? can they not rail the product out.

That cost alone must be scary.

National park

 

[Karliboy]

Apparently as it’s a national park everything has to be transported underground to the processing plant on the coast/harbour. They don’t want wagons on the roads.
I only know this as my best mate works for Siemens who has the contract to put all the electrical infrastructure in the mine to just bore the tunnel. Then they pull it all back out when it’s all tunnelled out.
That’s about as much as I know why they need a 23 mile tunnel.

 

[yorkie]

think if the tunnel is 23 miles there could be a problem as even in a straight line it is further than that to where they are going and thought they have to do a detour round something

 

[How much]

While i would dearly love that project to be success i just can see any way it is possible to make a profit on that degree of investment should they be able to even secure it I meen 4.2 Billion dollars !!!!!! its not gold or diamonds they are mining not even copper or Nickel seem completely unviable to me at that cost

 

[Bloders]

While i would dearly love that project to be success i just can see any way it is possible to make a profit on that degree of investment should they be able to even secure it I meen 4.2 Billion dollars !!!!!! its not gold or diamonds they are mining not even copper or Nickel seem completely unviable to me at that cost

but the volumes are massive?

 

[vantage]

How much mineral is predicted to be mined?

 

[neilo]

How much mineral is predicted to be mined?

20 million tons a year is mentioned above.

 

[vantage]

20 million tons a year is mentioned above.

Yes,but how many years?

 

[Half Pipe]

https://en.m.wikipedia.org/wiki/Woodsmith_Mine
The history tab has a diagram showing the basic layout.
Looks to me they have put the mine shaft in at deepest point and will be mining back under the transport tunnel.