Tag Archives: Sulphate of Potash

Danakali Poised to Develop the World’s Largest Undeveloped Sulphate of Potash Deposit

Production costs of about US$250 per tonne imply a healthy profit margin based on SOP projected prices of more than US$500 per tonne.

The Colluli potash project in Eritrea is now not only the world’s largest and most advanced but also economically attractive and fundable Sulphate of Potash (SOP) greenfield development project, with a mine life in excess of 200 years.

BY TREVOR HOEY | PROACTIVE INVESTORS

Danakali Ltd’s (ASX:DNK) Colluli Potash Project in the Danakil Depression region of Eritrea, East Africa, is the world’s largest undeveloped Sulphate of Potash (SOP) deposit.

With a profile such as this and a mine life in excess of 200 years, one would expect the company would be trading at a premium valuation, but not so. Continue reading Danakali Poised to Develop the World’s Largest Undeveloped Sulphate of Potash Deposit

Green Light for ‘Global Game Changer’ Danakali

Now Danakali (AU:DNK) has the green light to develop its positively unique potash project with a 200-year mine life in Eritrea, it is aiming straight for the top.

Danakali says Colluli can change the global SOP landscape – for being the world’s single biggest SOP producer.

By MiningNews.net,

This project is going to be a game changer for the global potash industry,” managing director and CEO Paul Donaldson says. The factors that give him such confidence are the many attributes that make Colluli’s huge 1.1 billion tonne sulphate of potash (SOP) resource fundamentally different to North American and Eastern European potash deposits, or as Donaldson prefers, “positively unique”. Continue reading Green Light for ‘Global Game Changer’ Danakali