--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20200110-anglo-american-to-buy-sirius-minerals/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Anglo American to buy Sirius Minerals Publication Date: 2020-01-10T13:09:31-05:00 Last Updated: 2020-01-09T22:13:52-05:00 Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Anglo American to buy Sirius Minerals](https://www.fertilizerdaily.com/wp-content/uploads/2020/01/MA-Letters-16.9.jpg) The global miner goes after polyhalite. Mining giant Anglo American is in advanced talks with shareholders of British Sirius Minerals to buy back their shares at a price of 5.5 pence per share (65 cents). Thus, Anglo American values Sirius Minerals at $ 508 million. Sirius Minerals is currently developing the Woodsmith Mine. Upon commissioning, Woodsmith Sirius Minerals will market Poly4, a polyhalite-based mineral fertilizer, turning the project into the world’s biggest producer. Poly4 has already earned the nickname “potassium chloride killer” for its valuable agricultural properties. Rich polyhalite deposits have been discovered in the North Sea along the northeast coast of Great Britain. To access them Sirius Minerals will use the Woodsmith mine, which is being built 3 miles south of Whitby. The polyhalite layer is at the depth of 1.5 km and spreads over the area of 796 square km, 535 square km of which are located in the marine coastal zone. Tags: [Anglo American](https://www.fertilizerdaily.com/tag/anglo-american/), [POLY4](https://www.fertilizerdaily.com/tag/poly4/), [polyhalite](https://www.fertilizerdaily.com/tag/polyhalite/), [potash fertilizers](https://www.fertilizerdaily.com/tag/potash-fertilizers/), [potash salts](https://www.fertilizerdaily.com/tag/potash-salts/), [Sirius Minerals](https://www.fertilizerdaily.com/tag/sirius-minerals/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.