Danakali Announce Engineering Site Visit to Colluli Completed

Danakali Ltd. (ASX:DNK; OTC:DNKLY) ) is pleased to announce that it has hosted a visit to the Colluli potash project site in Eritrea, East Africa for Engineering companies shortlisted to bid on front end engineering design (FEED) and Engineering, Procurement and Construction (EPC) work for the project.
In addition to visiting the future Colluli mine site, the Engineering companies toured Asmara, met with local contracting companies, inspected in country facilities and visited the Port of Massawa.
In September, Danakali announced that three engineering companies had been shortlisted for the bidding process, and that a site visit would be completed in early October. The shortlist includes companies with Africa, Eritrea and Potash experience.
Managing Director, Paul Donaldson said “Colluli is one of, if not the most advanced stage SOP project in the world and carries superior economics relative to all advanced stage SOP developments. The shallow mineralisation, highly favourable suite of potassium salts, ability to extract feed salts in solid form and proximity to established export facilities give the Colluli project significant, resource specific advantages. Significant positive progress has been made over the past year, and we continue to make positive progress towards construction. There is no other advanced stage SOP project in the world with the fundability, growth potential, resource versatility, resource and ore reserve size of Colluli.”
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