While we wait patiently...
Danalkali is advancing its Eritrean SOP mine:
"The mine needs $322 million for its first phase to start production in 2022 of 470,000 tonnes per year of low-chloride potassium sulphate (SOP), which commands a premium to the more common muriate of potash (MOP).
"EuroChem, the Switzerland-based fertiliser maker owned by Russian industrialist Andrei Melnichenko, signed a "take-or-pay" deal in June to buy up to 100 percent of output from Danakali's Colluli mine and a minimum of 87 percent for 10 years, provided production starts before July 2022.
"EuroChem, one of the world's largest producers of nitrogen-based fertilisers, has ambitions to be a global potash market player by 2020 with capacity of 2 million tonnes.
More: https://finance.yahoo.com/news/danakali-banks-investor-mood-fund-060725058.html?.tsrc=rss
EuroChem would be interested in HFR, as would a number of other European fertiliser companies - with permits.
While we wait patiently...
Ash
Danalkali
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