Yara to Sign Ethiopian Mining Agreement

Yara will sign a mining agreement with the Ethiopian authorities, making possible the future development of the Yara Dallol potash mine.

The mining agreement will be signed today at a ceremony in Addis Abeba by Ethiopian Minister of the Ministry of Mines, Petroleum and Natural Gas, H.E. Ato Motuma Mekasa, and Yara International President and CEO, Mr. Svein Tore Holsether.

Svein Tore Holsether said:

“We are glad to achieve this key milestone in the Dallol mining project. A mine in the Afar region would contribute significantly to economic development locally and nationally.

We recognize and appreciate the efforts made by the Ethiopian government in supporting the project, both by providing necessary infrastructure and through making the mining agreement possible.”

Click here to read the full text release.

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