Danakali releases quarterly report
Published by Nicholas Woodroof,
Editor
World Fertilizer,
Key updates include:
- Credit approval for US$200 million Colluli Mining Share Company (CMSC) senior debt facility nears completion – Mandated Lead Arrangers, Afreximbank and AFC, are moving through final internal approvals.
- International Fertiliser Association Montreal 2019 Conference confirmed strong industry interest in Colluli and validation of the project’s attractive strategic and economic fundamentals.
- High levels of activity in Eritrea, with Project Director, Tony Harrington, continuing to drive project execution preparation in-country.
- Continued strength of sulphate of potash (SOP) industry fundamentals.
- Finalise CMSC senior debt credit approval.
- Progress remaining project funding requirements.
- Advancing project execution activities, including EPCM preparation with preferred provider DRA Global, and tendering and confirmation of suppliers and contractors.
Read the article online at: https://www.worldfertilizer.com/potash/29072019/danakali-releases-quarterly-report/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
John Deere and Yara partner to increase fertilization efficiency
The partnership will enable farmers to increase yields and optimize fertilizer use, helping them contribute to the ambition of the European Union’s Farm to Fork Strategy.
