Sirius Minerals signs build deal for Teesside port facility
Sirius Minerals on Monday said it had entered into an engineering, procurement and construction contract with McLaughlin & Harvey for the development of a fertiliser port handling facility at Teesside.
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No financial details were given. Sirius said the contract would cover the design and build of works, including for product storage facilities for around 250k tonnes fertiliser, ship loading equipment, ship outload infrastructure and a final product screening facility.
The contract was on a lump-sum basis and in line with the Sirius's capital re-estimate announced on 6 September.
The port handling facility will receive the company's polyhalite fertilizer after it has been transported from the Woodsmith mine and processed into the finished product, POLY4.
Sirius said expected to export 20m tonnes of the fertiliser a year. Offtake agreements have already been signed with customers on four continents for 8.2m tonnes per annum.