EAST AFRICA focused potash company South Boulder Mines (ASX:STB) has announced Pre-feasibility Study results that show its flagship Colluli potash project could become one of the lowest-cost, and most significant, potassium sulphate operations in the world.
Operations will focus on the production of high quality potassium sulphate which commands a price premium over the more common potassium chloride product.
It is also the world’s shallowest known potassium bearing evaporate deposit.
SOUTH Boulder Mines Ltd. (ASX:STB) is currently developing the emerging, world-class Colluli Potash Project located just 75 km from the Red Sea coast in Eritrea, Africa.
A large deposit and the world’s shallowest known potash resource, Colluli boasts a uniquely rare composition of three key potassium bearing salts in solid form. Combined, these favorable attributes make Colluli highly amenable to low energy, high potassium yield production of potassium sulphate (SOP). Continue reading Eritrea’s Unique and Unrivaled Potash Opportunity→
THERE have, of course, been a number of sites that harbor Eritrea’s natural treasures. Such wealth has by far been discovered in the post independence period. Bisha mining has become a key which opened the gate to the country’s natural resources. Zara mining which is nearing to start production has also become the next gold mine. Asmara Mining Project which covers mine sites in Dubarwa, Adi-Nfas, and Embaderho has ensured the sustainability of Eritrea’s booming mining industry.
Above all, Colluli, a world class deposit of potash, has been under development. Thus, every national has been eager to see what such resources of exceptional quality would bring to the national economy. As described at the 5th Asmara Mining conference, the mine life of Colluli potash contains over one billion tones of potassium. In a joint venture owned by South Boulder Mines and ENAMCO, each of the two parties has a 50% ownership of Colluli Mining Share Company. Continue reading INTERVIEW: Colluli is the Most Exciting Potassium Sulphate Project Globally→