Danakali Limited (ASX: DNK, LSE: DNK) (Danakali, or the Company) is an ASX- and LSE-listed potash company focused on the development of the Colluli Sulphate of Potash Project (Colluli or the Project). The Project is 100% owned by the Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO). The Project is located in the Danakil Depression region of Eritrea, East Africa, and is ~75km from the Red Sea coast, making it one of the most accessible potash deposits globally. Mineralisation within the Colluli resource commences at just 16m, making it the world s shallowest known potash deposit. The resource is amenable to open cut mining, which allows higher overall resource recovery to be achieved, is generally safer than underground mining, and is highly advantageous for modular growth.
Danakali begins early works program for Colluli Potash Project with reverse osmosis plant underway The RO plant, which will make fresh water available at site, is an essential part of the project and early works program, says chairman. The RO Plant is expected to be ready for shipment in 3-4 months.
Danakali Ltd (ASX:DNK) (LON:DNK) (OTCMKTS:SBMSF) (FRA:SO3) has issued instructions to WEC Projects in South Africa to complete the reverse osmosis (RO) plant manufacturing and function testing ready for shipment to the company’s Colluli Potash Project in Eritrea.
WEC has confirmed that manufacturing of the RO Plant will be complete and it will be ready for shipment to Massawa in Eritrea in 3-4 months.
Danakali Ltd begins early works program for Colluli Potash Project with reverse osmosis plant underway proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Danakali Ltd begins early works program for Colluli Potash Project with reverse osmosis plant underway proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.