Sirius Minerals Plc Approvals update - Decision notices (9499W)

TIDMSXX

RNS Number : 9499W

Sirius Minerals Plc

25 August 2015

25 August 2015

Sirius Minerals Plc

Approvals update - Decision notices

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") provide an update on the approvals process for the York Potash Project ("the Project").

The Company has received the final Decision Notices formally granting planning permission for four out of five planning applications submitted by the Company to the local planning authorities. The Decision Notices are for:

   --     the mine and mineral transport system from Redcar and Cleveland Borough Council ("RCBC"); 
   --     the materials handling facility from RCBC; 

-- the temporary construction accommodation and a park and ride facility from Scarborough Borough Council, and;

-- the operational park and ride facility (which sees an extension to an existing local park and ride) from the North York Moors National Park Authority ("NYMNPA").

The Decision Notice for the mine and mineral transport system planning application from the NYMNPA is currently on track to be received by the Company before the end of September 2015, as previously referenced in the 10 July 2015 announcement.

Chris Fraser, Managing Director and CEO of Sirius, comments:

"The Decision Notices represent the majority of the pieces of the planning jigsaw coming together. We thank the authorities concerned for their diligence and look forward to continuing to bring the York Potash Project to fruition."

As per the announcement of 22 April 2015, the proposed Development Consent Order for the Harbour Facilities at Teesside has been accepted for examination by the Planning Inspectorate. The preliminary hearing was held on 21 July 2015 and a final decision is due to be made by the Secretary of State for Transport no later than summer 2016. This is in line with Company expectations and this element of the Project is not on the critical path for construction.

For further information, please contact:

 
 Sirius Minerals Plc 
  Investor Relations            Email: [e-mail]     Tel: +44 845 
                                                                     524 0247 
---------------------------  -------------------------------  --------------- 
 Joint Brokers 
  Liberum Capital Limited       Clayton Bush                      Tel: +44 20 
                                                                    3100 2222 
 Macquarie Capital (Europe)   Ken Fleming,                        Tel: +44 20 
  Limited (NOMAD)              Nick Harland,                        3037 2000 
                               Nick Stamp 
 WH Ireland                   Adrian Hadden                       Tel: +44 20 
                                                                    7220 1666 
---------------------------  -------------------------------  --------------- 
 Media Enquiries              Jos Simson, Mike                    Tel: +44 20 
  Tavistock                    Bartlett,                            7920 3150 
                               Emily Fenton 
---------------------------  -------------------------------  --------------- 
 Warrant Trading Enquiries 
  Liberum Capital Limited       Simon Smith                       Tel: +44 20 
                                                                    3100 2171 
---------------------------  -------------------------------  --------------- 
 

About Sirius Minerals Plc

Sirius Minerals is the fertilizer development company focused on the development of the York Potash Project in the United Kingdom, which has the world's largest and highest grade deposit of polyhalite, a multi-nutrient form of potash containing potassium, sulphur, magnesium and calcium. Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at: www.siriusminerals.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 25, 2015 02:01 ET (06:01 GMT)