Danakali is developing the Colluli Potash Project (Colluli, or the Project), an advanced and economically attractive Sulphate of Potash (SOP) development project. Colluli is ‘shovel ready’; all material permits are in place, binding take-or-pay offtake has been achieved and Front End Engineering Design (FEED) has firmly established Colluli as an advanced and attractive SOP greenfield development project. Continue reading Danakali Releases 2018 Annual Report→
Front End Engineering Design (FEED) strongly confirm Colluli as the world’s most advanced, economically attractive, and fundable Sulphate of Potash (SOP) greenfield development project
Danakali Ltd (ASX:DNK) has further improved the economics of its tier-1 Colluli Potash Project in Eritrea with a new study delivering industry-leading capital intensity and first quartile operating costs.
The project received social and environmental approval in December, and globally recognised engineering and construction firm Fluor has been appointed to lead the front end engineering design (FEED) and optimisation process.
The approvals process for the mining agreement and mining licence are extremely well progressed.
The key to the appealing project is the unrivalled, non-brine Colluli resource. It offers huge scope: it contains a shallow, 1.1 billion tonne ore reserve comprising over 200 million tonnes of sulphate of potash (SOP), a 347 million tonne high quality rock salt resource, and an 80 million tonne magnesium sulphate resource. Continue reading Peerless Potash Project Progresses→
ASX-listed potash company Danakali has made “excellent” progress on the definitive feasibility study (DFS) for its Colluli potash project (Colluli) in 2015 which is on schedule for completion in Q4, 2015.
The project is 100% owned by the Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Company (ENAMCO). This progress follows the release of highly favourable pre-feasibility study (PFS) results earlier in the year. Continue reading Danakali’s Colluli Potash DFS – Looking Good→