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Anglo American takes US$1.7 billion hit on Woodsmith

Anglo American has written down the value of the troubled Woodsmith potash mine by US$1.7 billion, as it pushes back first production to maximise eventual volumes.

Anglo American takes US$1.7 billion hit on Woodsmith Anglo American takes US$1.7 billion hit on Woodsmith Anglo American takes US$1.7 billion hit on Woodsmith Anglo American takes US$1.7 billion hit on Woodsmith Anglo American takes US$1.7 billion hit on Woodsmith

The Woodsmith polyhalite project, in North Yorkshire, in the UK, is now expected to reach first production in 2027, from the 2024 start date previously announced.

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