Tag Archives: Potash Projects Ethiopia

Colluli Potash Eritrea – World’s Most Fundable, High Quality SOP Project

danakali_sop_specimen
The Colluli Sulphate of Potash (SOP) project in Eritrea is a robust project with industry leading capital intensity, bottom quartile operating costs and one of the most fundable, long life and high quality sulphate of potash (SOP) projects in the world.

By Proactive Investors,

Danakali Limited’s (ASX:DNK) December 2015 quarterly report demonstrates continued positive progress on the Colluli potash project in Eritrea, East Africa.

The company completed a positive Definitive Feasibility Study (DFS) throughout the quarter, and delivered a robust project with industry leading capital intensity, bottom quartile operating costs and one of the most fundable sulphate of potash (SOP) projects in the world.

The management team have developed a strong track record of success, delivering a positive Pre-Feasibility Study, a metallurgical optimisation testwork program, an independent technical review of the Pre-Feasibility Study design and a definitive feasibility study, all within the 2015 calendar year.

The DFS capital costs achieved a 30% improvement on the prefeasibility study results, by simplifying the logistics, reducing water consumption and optimising pit designs. Continue reading Colluli Potash Eritrea – World’s Most Fundable, High Quality SOP Project