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Production at Woodsmith site near Whitby set back to 2030 as firm plans to pause work during overhaul
Anglo American has taken a further $1.6bn (£1.2bn) writedown on its fertiliser mine in North Yorkshire after setting out plans to pause work on the project while it undertakes a sweeping overhaul of the business.
Anglo plans to slash its investment in the Woodsmith fertiliser mine – in the North York Moors national park, near Whitby – next year from £1bn annually to £200m, before seeking strategic investors to restart full-scale work on the polyhalite project from 2026.
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