Completion of front-end engineering design (FEED) further cements Colluli as the most advanced SOP project globally BY PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) is increasing its focus on firming offtake agreements and advancing debt and financing at the Colluli Potash Project in Eritrea. This work comes as the company, which is seeking a secondary listing in the […]
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Danakali (ASX: DNK) is fast progressing towards development at its “positively unique” Colluli potash project in Eritrea. By Mining Journal, With offtake interest increasing, the mining approval process nearing completion and more than A$10 million in the bank at the end of the September quarter, the company is well-positioned to harness the potential of its […]
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By Danakali Ltd., Danakali Limited (ASX:DNK) (“Danakali” or the “Company”) is pleased to announce that it has signed non- binding MOUs for the supply of 200,000 tonnes per annum of potassium magnesium sulphate (sulphate of potash or SOP-M). SOP-M represents the second premium, chloride free, multi-nutrient potash type from the Colluli resource, which is one […]
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By Edmund Blair | for Reuters, Australia mining group Danakali Ltd has applied to Eritrea for a mining licence for its Colluli Potash Project, which is expected to start production in 2019, the company’s chief executive said. Eritrea, which became independent from Ethiopia in 1991 after years of fighting, wants to establish a mining industry […]
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By Danakali Ltd, Danakali has signed non-binding memorandums of understanding (“MOUs”) with 8 multinational parties throughout Northern Africa, Europe, Middle East and North America for the offtake of sulphate of potash (“SOP”) from Colluli. High quality representative samples produced from the Colluli resource were provided for quality control assessment by prospective customers. The combined offtake […]
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