Feb 13, 2015· The independent study identified an annual production of 600,000 metric tons sulfate of potash (SOP) over 23 years from reserves (Kainite, Carnallite and Sylvinite) at Yara's Danakil concession.
On October 9th Allana Potash announced it had been granted its mining license for Allana's Danakhil potash project in Ethiopia. The market has responded quite positively to the news. That same day, InvestorIntel's Ty Dinwoodie wrote: One step closer to potash production; Allana Potash granted Mining License for Dallol Project.
The Canadianbased Alana Potash, which has been undertaking a massive mining exploration in Ethiopia, has announced it has discovered over million tons of .
Feb 13, 2014· Feb 13 (Reute rs) – Israel Chemicals (ICL) said on Thursday it would partner with Canada's Allana Potash to develop a potash mine in Ethiopia in a deal which includes ICL taking a stake in Allana.
Jan 15, 2019· Colluli's potash is located close to the surface making for easy mining, and close to port facilities on the Red Sea which will provide easy access to fastgrowing Asian markets.
Ethiopia: UK Company Discovers Vast Potash Deposit in Afar. The price of potash, which was USD 570 per ton two years ago, plumbed by 50 percent to 280 dollars. The reason behind the price fall is the dispute between the potash cartel, Russia and Belarus which produce 40 percent of the world's potash.
Recently, ICL bought a 30 percent stake on Allana Potash, the Canadian company that is under preparation to mine potash deposit in the Dalol depression in the Afar Regional Sate, northeast of Ethiopia. ICL is the 6th largest potash fertilizer in the world and the 2nd in west Europe.
Allana held a concession to mine potash at the Danakhil mine, in Ethiopia's Afar National Regional state, as well as the knowledge that had been accumulated in recent years.
Oct 20, 2014· Allana Potash, a Canadian company, is on the process to build a potash mine in the Dallol depression. Allana secured a mining license a year ago from the Ethiopian Ministry of Mines. A local company, EthioPotash Corporation, is also carrying out exploration work in the depression.
Canadian junior sets sights on Africa's first potash mine by 2017 Apr 8, 2014 | Projects Canadian junior Allana Potash has set its sights on establishing the first potash mine in Africa in the Danakhil Depression in Ethiopia by 2017.
Newmont Mining is among a number of gold companies now prospecting in Ethiopia and Norwegian fertilizer maker Yara International plans to build a potash mine and a fertilizer factory in the country.
Potash is used in the making of fertilizer. Sainik has been in Ethiopia, especially in the western region hunting for coal reserves for years. The company says it has shelved its plans for coal mining because coal deposits in Ethiopia are not viable for largescale production.
Feb 17, 2014· Canada's Allana Potash Corp. has reached an agreement with Israel's ICL, a global producer and supplier of products based on specialty minerals, to invest in the Danakhil potash mine under development in the Dallol region of Northeast Ethiopia.
Mar 06, 2014· Allana Potash Corp., the Canadian developer of a 718million potash mine in Ethiopia, believes it can buck the trend. While other mines are shelving development projects because of the lower prices, Allana is going "full speed ahead" with its Ethiopian project, says Richard Kelertas, vicepresident of corporate development at Allana.
TORONTO, ONTARIO, Oct 09, 2013 (Marketwired via COMTEX) Allana Potash Corp. (AAA)(otcqx:ALLRF) ("Allana" or the "Company") is pleased to announce the issue of its Mining Licence for the ...
Dec 29, 2016· Israel Chemicals to Construct Three Fertilizer Factories in Ethiopia Written by Bethelhem Lemma Published on 06 April 2015 Category: Energy and Mining Israel Chemicals Ltd (ICL), the Israel fertilizer giant investing in the Afar Potash mine is planning to construct three factories in Ethiopia, according to The Reporter.
"That also makes us the closest potash mine to any port in the world," says Cornelius. Additionally, Eritrea is located on the Horn of Africa, putting it within reach of several major markets including the Middle East, Africa, India, and the Mediterranean.
Sep 14, 2017· Potash prices traded at 217 per ton on Aug. 31, having dropped 55 percent since hitting a fiveyear high of 483 in February 2012. Read the complete story at Bloomberg —— See also: Circum Minerals Awarded Ethiopian Potash Mining License; Ethiopia Sets to Boost Its Mineral Resources Sector to Support Its Economy