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Danakali maintains project faith as BHP maintains market faith

WHILE investor fatigue has been acknowledged by Danakali executive chairman Seamus Cornelius, he’s adamant the would-be potash developer is on the right track. And BHP’s reiteration last week of its bullish view on potash would have been welcomed by the likes of Danakali and others in the fertiliser commodity space.

Michael Quinn
Colluli, Eritrea

Colluli, Eritrea

While currently oversupplied, BHP believes demand will catch up this decade and expects the market to reach about 90-100 million tonnes mid-next decade from current levels of circa 70Mt per annum. As...

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