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Mining

Danakali lists on the London Stock Exchange

The listing helps the company access capital in the London market

Australian-based Danakali Limited (ASX:DNK) (LON:DNK) has added London to its listing on the Australian Securities Exchange.

"We are delighted to deliver on another of our strategic goals for 2018,” said Danakali’s executive chairman Seamus Cornelius.

WATCH: Danakali Limited to begin trading on London's Main Market later this month

“The LSE listing should increase our profile, liquidity and breadth of potential investors. It is a key milestone as we move towards construction and production at the Colluli potash project."

Colluli is a major potash project in Eritrea, situated just 75 kilometres from the coast.

The shares were steady at 47p.