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Danakali eyes finish line for Eritrea potash project

Aug 27, 2020

Source: https://www.mining.com/danakali-eyes-finish-line-for-eritrea-potash-project/

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The Colluli project is located in a semi-desert agro-ecological zone, of which most of the land is barren and of little use to communities and wildlife. (Image courtesy of Danakali.)

Australia’s Danakali (ASX, LON:DNK) said on Thursday it plans to spend the rest of the year focused on closing the required financing to bring its Colluli potash project closer to construction, as Eritrea eases covid-19 restrictions.

Reporting results for the six months to June 30, the Perth-based miner said it’s considering a range of options to fund pending work at Colluli, a 50:50 joint venture between the company and the Eritrean National Mining Corporation (ENAMCO).

Original Text (This is the original text for your reference.)

The Colluli project is located in a semi-desert agro-ecological zone, of which most of the land is barren and of little use to communities and wildlife. (Image courtesy of Danakali.)

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