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Deep under the rolling moors of northern England, an enormous tunneling machine eats slowly into the earth, grinding stone and soil into dust. How long it continues now depends on wrangling between two giants of the mining world.of one of the biggest takeover battles of recent years involving a British company: BHP Group Ltd.’s attempted purchase of rival Anglo American Plc.
Anglo’s purchase of the polyhalite fertilizer site in 2020 was a cause for celebration in this remote part of Yorkshire after the previous owner ran out of cash. The miner offered high paying jobs, poured millions into local causes and ran a slick PR campaign. Indeed, 2,000 jobs go a long way in this part of the world. Whitby relies on tourism, whose jobs are seasonal and tend to pay less. About 30 miles away lie Middlesbrough and Redcar, towns once associated with the steel industry and now poster children for deprivation.
“That mine was very important for our area,” said Jane Thomas, who runs a bed-and-breakfast in Robin Hood Bay, close to the mine site. “Most of the work here is seasonal, it’s hospitality, tourism.”. From the distance, the only hint as to what lies below is a tall hut in a clearing, a sort of oversized barn jutting through the heather-clad moorland.
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