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Danakali provides its quarterly update on the activities and financial position of the company and its Colluli potash project.
Danakali (ASX:DNK,LSE:DNK) provides its quarterly update on the activities and financial position of the company and its Colluli potash project, located in Eritrea, Africa.
As stated in the press release:
Highlights:
- Credit approval received for US$200 million CMSC senior debt facility
- Credit approval received for Colluli power plant
- Significant progress remaining project financing requirements
- Project execution readiness fully defined
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