Equities

Reuters reveals Chinese company confirms huge UK fertiliser deal

Reuters reveals Chinese company confirms huge UK fertiliser deal

Reuters was first to report that a small Chinese company that is key to plans by Sirius Minerals to build a huge fertilizer mine under a national park in the north of England has confirmed it has a binding agreement with the UK firm. DianHuang CEO Wang Xiaotian reiterated the agreement in a letter to Reuters on May 15, saying it had been signed on May 27 last year. The DianHuang deal is the biggest take-or-pay agreement Sirius has inked so far with a named customer.