Israel Chemicals (ICL) Files $198 million Lawsuit Against Ethiopian Gov’t

BY THE REPORTER The Israeli fertilizer giant, Israel Chemicals (ICL), which was involved in potash mine development project in Ethiopia, filed a lawsuit against the Ethiopian government at The Hague International Arbitration Court. The fertilizer producer, ICL, abandoned the potash mine development project in the Afar Regional State in the Dallol Depression and pulled out […]

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Ethiopia Accuses Allana Potash for Tax Evasion

By Kaleyesus Bekele | for Ethiopian Reporter, Prime Minister Hailemariam Dessalegn on Monday accused Allana Potash, the Canadian company which was engaged in potash mineral exploration and development project in the Afar Regional State, of tax evasion. In a press conference held in his office on Monday morning Prime Minister Hailemariam was asked about the […]

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Israel Chemicals Quits Potash Project in Ethiopia

By TesfaNews, Fertilizer heavyweight Israel Chemicals (NYSE:ICL) said on Thursday that its board of Directors have decided to abandon its potash project in Ethiopia citing failure by the government to provide the necessary infrastructure and regulatory framework for its Danakil project in northeast Ethiopia. Israel Chemicals (ICL) also said the rejection by the Ethiopian tax […]

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