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Danakali's new CEO leads development of unique Colluli Potash Project in Eritrea

Danakali Ltd (ASX:DNK) chief executive officer Niels Wage speaks to Proactive Investors about his recent appointment and the potash developer's advancement of its Colluli project in Eritrea.
 
"It is a sulphate of potash project, a fertiliser that is used on high-value crops," says Wage.
 
He continues, "It's a shallow deposit which can be mined with an open pit and we're working very closely with the Eritrean government to develop this project."
 
"The development of this deposit is quite unique for the industry ... it's a low-cost project but also has a significant impact on Eritrea and the area."

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ASX:DNK
Market: ASX
Market Cap: $158.02 m
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Danakali CEO discusses US$50mln investment by Africa Finance Corporation

Danakali Ltd (ASX:DNK) (LON:DNK) CEO Niels Wage speaks to Proactive London's Andrew Scott following the news Africa Finance Corporation (AFC) has agreed to a US$50 million strategic equity investment. The subscription agreement with AFC will facilitate the start of project execution...

2 days, 16 hours ago

2 min read