CAPITAL MARKETS

Danakali's 'world-class' Colluli set for financing

BIG potash project developer Danakali is now in position to get financing for its world class Colluli project in Eritrea after entering into a mining agreement with Eritrean authorities and being awarded a mining licence.

Michael Quinn
Danakali's 'world-class' Colluli set for financing

A feasibility completed late in 2015 estimated first stage capital of $US298 million for a sulphate of potash (SOP) project that would generate average annual free cash flows of $81 million – with SOP...

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