Danakali Ltd. Relases Quarterly Update on Colluli Potash Project

Agriculture Investing
ASX:DNK

Danakali Ltd. (ASX:DNK; OTC:DNKLY) is pleased to provide this quarterly update on its Colluli Potash Project (“Colluli” or “the Project”), located in Eritrea, East Africa.

Danakali Ltd. (ASX:DNK; OTC:DNKLY) is pleased to provide this quarterly update on its Colluli Potash Project (“Colluli” or “the Project”), located in Eritrea, East Africa.
Highlights continued successful advancement of the world class Colluli Potash Project

  • Approval of Social and Environmental Impact Assessment (SEIA) by the Eritrean Ministry of Land, Water and Environment
  • Appointment of Fluor to lead Front End Engineering Design (FEED) and optimisation process
  • Appointment of Global Potash Solutions, Knight Piésold and Elemental Engineering to FEED team
  • Commencement of optimisation phase of FEED
  • Mining agreement and license approvals positively progressing towards completion
  • Advanced marketing MOUs to Drafted Heads of Agreements with high level commercial terms for Off- take Agreements
  • Successful Colluli site visit for Mining Analysts and Mining Media completed

Read full press release.
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