Using filtered seawater in our production process is a long-term game-changer, not only will this reduce Capex, Opex, and sustaining Capex over a very long time, it will have a massively positive environmental impact onshore and in the Red Sea for the 200 years Life of Mine.
Danakali (ASX.DNK) Presentation, FNN Online Investor Event, June 2021
Danakali Limited (ASX:DNK) Executive Chairman Seamus Cornelius talks about the company's Sulphate of Potash (SOP) project in Eritrea, Eastern Africa. The project is characterised by its quality, size, grades, low CAPEX and SOP market potential. Danakali?s proximity to key markets and economics make it unique among SOP projects worldwide.
mit 5k rein und will auf 25k ausbauen. Bin mir gerade aber unsicher und warte ab. Weiß nicht, wieviel der Kurs noch nachgibt. Finde gerade auch keine Information, was den kleinen Rücksetzer ausgelöst hat.
ASX Release: 17June2021 Colluli Project Update: Detailed Test Work Confirms Production Rates and Optimisation has Delivered Lower Opex and Capex Highlights ? SOP Production rates in line with FEED and confirmed at above spec grade ? Production of high purity Sulphate of Potash (SOP)proven using only filtered Red Sea seawater drives capital and operating cost savings ? Colluli ore proven to produce world class SOP product with very low (<0.5%) Chloride ? Column flotation preferred in SOP production, reducing maintenance and capital costs
Natürlich ist ein Länderrisiko da, jedoch auch eine große Chance. Der Kontinent wird sich in den nächsten 20 Jahren sehr stark weiterentwickeln. Das Danakali Projekt bietet eine gute Gelegenheit, dort den ersten Einstieg zu tätigen.
ASX-listed Danakali has presented favourable results from six months of detailed testwork conducted with industry experts Saskatchewan Research Council, Global Potash Solutions, DRA Global and CasCan.
The testwork involves the Colluli project?s process design using filtered seawater. Danakali also worked closely with its offtake partner EuroChem to ensure that high-quality sulphate of potash grades were produced in line with international standards. Testwork has proven that the Colluli project, in Eritrea, can produce ore at a consistent high grade of 51% potassium oxide from 472 000 t/y of production. The project will be a world-first using filtered seawater, column flotation and co-processing of carnalite and sylvinite ore, which significantly reduces project development, and operational, finance and market risk. Danakali aims to start production next year.
Eritrea has been relatively successful in attracting mining companies even under the severe constraints caused by the old geopolitical circumstances. The government is pragmatic in its approach to the development of the Eritrean mining industry. Its Mineral Proclamation is based on the Western Australian mining code, and it has not changed the mining or fiscal legislation since it was enacted. A prosperous and growing mining industry will provide Eritrea with much-needed income as well as employment in the operations and service sector. Eritrea is a fascinating and wonderful country and it is an honour to be trusted with the development of this significant asset. In the development of Colluli we take responsibility to ensure that all of our values are aligned across our activities and embedded in all of our practices. We are working with key stakeholders to optimise the benefits and social impacts of Colluli.
Our Partners Partnerships never go out of style. At Danakali, we believe that partnerships built on clarity, proactive management, accountability, and agility are integral for achieving success and creating outsize value and productivity. Colluli remains an outstanding asset, and we have solid and productive relationships with ENAMCO, AFC, Afreximbank and EuroChem. These key partners are all working with us to bring Colluli into production as quickly and safely as possible.
In this episode, host Peter Strachan takes a look at the Sulphate of Potash (SOP) market
Populating the expert panel for this discussion is Seamus Cornelius, Executive Chairman of Danakali (ASX:DNK) and Mark Savich, CEO and Executive Director of Agrimin (ASX:AMN).
The pair discuss a range of topics, including potassium?s role in fertiliser product mix, the structure of potash market, SOP supply chain dynamics, the premium pricing of SOP, the potential impact of BHP?s Canadian MOP project and more.
Tune in above to hear the panel discuss these topics.
Unlike the current major potash producing basins of the world, the Danakil region contains a variety of potassium bearing salts, providing the opportunity to generate a range of potash fertilisers. The Danakil basin contains the only potash resource in the world that allows such product diversity. The Colluli resource comprises three potassium bearing salts in solid form: sylvinite, carnallitite and kainitite. These salts are suitable for high yield, low energy production of SOP, which is a high-quality potash fertiliser carrying a price premium over the more common MOP. Colluli boasts the shallowest known evaporite mineralisation globally and has significant mining, logistics and, in turn, capital and operating cost benefits over other potash development projects in the Danakil Depression and elsewhere. Listen to our Executive Chairman, Seamus Cornelius discussing unique Colluli geology.