Sirius Minerals signs supply deal with Chinese firms

By
0 mins. to read
Sirius Minerals signs supply deal with Chinese firms
Master Investor Magazine 40 cover

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

Sirius Minerals (LON:SXX) has signed binding take-or-pay supply agreements with Guangzhou Eiliseng Biotech Company and Yantai Service Agricultural Science and Technology Company in China for the resale of POLY4 into certain southern and northern provinces of China.

“China is a key market for POLY4 and we are very pleased to have signed agreements with new customers who both have established fertiliser distribution networks and expertise relevant to their respective regions,” said Sirius CEO Chris Fraser.

“We look forward to working with Eiliseng and YSA to establish POLY4 as a long term sustainable fertiliser for use in both of their important agricultural regions in China.”

Shares in Sirius rose 0.65p to 34.01p (as at 10:15).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.