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Danakali focused on closing project financing and kicking off construction at Colluli

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 range of options for funding the balance of the capital required to bring Colluli into production.

The advanced project has a 1.1 billion tonne ore reserve with a mine life of almost 200 years at an industry-significant production rate.

Quick facts: Danakali Ltd

Price: 0.5 AUD

Market: ASX
Market Cap: $159.37 m

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Danakali Limited reveals its first sustainability report

Danakali Ltd (ASX:DNK) CEO Niels Wage tells Proactive the firm has revealed its first sustainability report, detailing how the company is following environmental, social, and governance (ESG) principles. Wage says the report reveals how the firm is working with the local communities it...

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