There has been a significant amount of historical exploration work conducted in the Project area since the 1930s, initially focusing on oil and gas, before extensive potash exploration in the 1940s, 50s and 60s. At this time a number of mines were proposed but only one - Boulby - was ever built.
Fast forward to 2010 and Chris Fraser, with a particular interest in potash (ideally in a stable jurisdiction) became aware of the deposit in the UK. Chris investigated further and this led him to the two men – Peter Woods and Rick Smith – who are the inspiration behind the name of the Woodsmith Mine. With their guidance, Chris and his team began gathering more data on the deposit to assess the potential opportunity.
Since the launch of the Project, tremendous progress has been made, from the development and exploration phases through to the beginning of construction and joining the Main Market / FTSE250 index.
You can find out more about our story by viewing our video, 'The Story of Woodsmith Mine'.