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Colluli potash project has 'unrivalled diversification potential' says Danakali CEO

Paul Donaldson, managing director and CEO of Danakali Limited (ASX:DNK) walks Proactive Investors through the company's Colluli potash project in Eritrea.

''There's plenty to be excited about .... the resource itself comprises over 1.3 billion tonnes of potassium-bearing salts which are suitable for the production of potash fertilisers'', Donaldson says.

''The company's focusing initially on the production of potassium sulphate''.

Quick facts: Danakali Ltd

Price: 0.625 AUD

ASX:DNK
Market: ASX
Market Cap: $165.99 m
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Danakali focused on closing project financing and kicking off construction...

Danakali Ltd (ASX:DNK, LON:DNK) CEO Niels Wage caught up with Proactive London's Andrew Scott soon after announcing they'd received credit approval for a US$200 million senior debt facility to fund construction of the Colluli Potash Project in Eritrea. He says they're continuing to assess a...

on 22/8/19

2 min read