Allana Unveils Positive PEA for Ethiopian Potash Project
Nov. 23, 2011 02:15PM PST
Potash InvestingMining Weekly reported that a preliminary economic assessment indicated Allana Potash’s (TSXV:AAA) Ethiopian potash project would be a low-cost development.
Mining Weekly reported that a preliminary economic assessment indicated Allana Potash’s (TSXV:AAA) Ethiopian potash project would be a low-cost development.
As quoted in the market news:
The PEA concluded that a solution mining operation would be more profitable than conventional potash mining. It forecast operating costs of $90.54/t for the Danakhil project, including transportation to the port of Djibouti.