Anglo American to Change Design of UK Fertilizer Project
10 Dezembro 2021 - 4:59AM
Dow Jones News
By Jaime Llinares Taboada
Anglo American PLC said Friday that a review of its Woodsmith
polyhalite fertilizer project in England confirmed that its design
would benefit from modifications.
The mining company has now appointed Tom McCulley to lead the
project, and said that those proposed changes would bring Woodsmith
up to Anglo American's safety and operating integrity standards,
and would also help optimize the value of the project for the long
term.
Anglo American said these changes will result in a different and
enhanced configuration, and therefore a different construction and
production ramp-up schedule.
The company expects to have completed a design engineering,
capital budget and schedule at the end of 2022.
"In the meantime, construction of the major critical path
elements of the project, principally the two main shafts and the
mineral transport tunnel, is progressing, with approximately $0.7
billion of capital expected to be invested in 2022," Chief
Executive Mark Cutifani said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
December 10, 2021 02:44 ET (07:44 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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