The charitable foundation funded by Anglo American, the owners of Woodsmith polyhalite mine being constructed near Whitby and in Teesside, has received a further donation of £1 million to be invested in community projects.
The Woodsmith Foundation provides substantial community benefits in addition to the positive economic impact of the mine. In 2022, the Foundation distributed over £1.7 million in funding to support community projects in Redcar and Cleveland Borough, Scarborough Borough and the North York Moors National Park.
Anglo American pledged a four-year, £4 million funding package when it acquired the mine in March 2020. Longer term, it will be funded by percentage of mine revenue, which is expected to amount to several million pounds per year.
“This funding ensures the fantastic work the Foundation does to support local community projects can continue to go from strength to strength. Throughout the area in which we operate the Woodsmith Foundation is providing funding to a wide range of projects that help to support our communities,” said Gareth Edmunds, Corporate Relations Director for Anglo American’s Crop Nutrients business.
Woodsmith Foundation Chief Executive Leah Swain said: “The ongoing support from Anglo American is critical for the Foundation and allows us to continue supporting community groups, sports clubs, schools, charities, town and parish councils in our local communities.
“We have several funding rounds open at the moment, with a busy 2023 ahead, so this funding will definitely be put to good use.”
For more information on the Foundation, visit http://woodsmithfoundation.org.uk/