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Danakali moves to financing

PLANNED potash producer Danakali is now working on the financing of the $US298 million Colluli project in Eritrea after definitive feasibility results reportedly confirmed the bona fides of the proposed development.

Michael Quinn
Danakali moves to financing

The project was estimated to have a post-tax net present value of $860 million and an internal rate of return of 29%, with ASX-listed Danakali holding 50% and the Eritrean Government 50% - via the Eritrean...

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