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Woodsmith Mine has been projected as contributing over £100 billion for the UK economy over a period of 50 years. [21] In August 2017, the 4,900 feet (1,500 m) deep tunnels were being constructed on the site. The Times said that the project was the "biggest mining project Britain has seen in decades". [22]
The Woodsmith Mine Tunnel (also known as a Mineral Transport System [MTS]) is a 23-mile (37 km) long tunnel that will stretch between Woodsmith Mine at Sneatonthorpe near Whitby in North Yorkshire and the Wilton International complex on Teesside, England.
In September 2019, the Woodsmith Mine project was in doubt when the company shelved a £400 million junk bond sale, citing a lack of government support and Brexit uncertainty. [8] In November 2019, the company announced that it was in talks with potential investors to raise $600 million needed to fund the first phase of the development. [9]
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In 2015, Active Interest Media purchased August Home Publishing, publisher of Woodsmith magazine. [8] Chairman and Chief Executive Officer is Efrem Zimbalist III (the son of Efrem Zimbalist, Jr.), formerly of Times Mirror Magazines, a subsidiary of Times Mirror.
TA-125 Index (Tel Aviv 125) TA-35 Index TASE's flagship index, listing TASE's 35 largest stocks by market cap, previously called the Ma'of. [1] TA-90 – Stocks on TA-125 which are not included in TA-35
In March 2020, the Woodsmith project was taken over by Anglo American plc and construction of two 1,500 m (4,900 ft) shafts to reach the 230 feet (70 m) mineral seam was underway in 2015. These will reach a mineable area of around 25,200 hectares (62,000 acres) and Woodsmith Mine will be the deepest in Europe. [ 7 ]
The west portal in 2007. Drewton Tunnel is a disused railway tunnel on the now closed Hull to Barnsley railway line - grid reference, western portal and , eastern portal. [1] The tunnel is cut through chalk and the lining is a mix of bare chalk walls and brick.
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