York Potash has issued its response to the news that its nearest industry rival is set to cut hundreds of jobs and re-issued an offer for the two firms to work together.
ICL UK revealed this morning (Thursday) it was consulting on 220 direct redundancies at Boulby Mine with 150 contractor jobs also set to go. A further 350 jobs are to be cut by 2018.
The shock announcement is as a result of potash reserves which are “economically viable” to mine running low. ICL UK is now set to switch focus to polyhalite - which new mine York Potash is also seeking to extract from underneath the National Park.
A spokesman for Sirius Minerals, York Potash’s parent company said: “We are very sorry to hear of the job losses at Boulby mine and our thoughts are with the families affected. We’re incredibly positive about the future prospects of the York Potash Project and polyhalite extraction in the area although of course that will not offer immediate consolation to those affected by this announcement.”
“The decision to switch the mine to producing only polyhalite is obviously a further validation of the York Potash Project, which will extract between ten and twenty times the volume of polyhalite that ICL UK now proposes.
“This announcement will come as a big surprise to many people as only two years ago the company was talking publicly about creating more than 270 jobs and securing the future of the mine for the next 40 years. We have a longstanding offer to ICL UK to work in partnership for the benefit of both
companies and employees alike and that remains open.”