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Danakali Ltd submits mining application for Colluli Potash Project
Danakali Ltd (ASX:DNK) has formally submitted its mining license application for the Colluli Potash Project in the east African country of Eritrea.
The application was prepared and submitted following the recent completion of the pre-requisite work.
This work included the submission of the Social and Environmental Impact Assessment (SEIA) and the completed definitive feasibility study (DFS).
Paul Donaldson, managing director, commented: "We are very pleased to have met this critical milestone in the process towards project development.
"The Colluli study work demonstrates a world class project that has no peer.
"The shallow mineralisation, highly favourable suite of salts and proximity to coast make the resource and project positively unique.
"We are looking forward to an exciting year ahead as we progress project funding, off-take agreements and mining approvals in order to commence construction and fully transform the company from developer to operator."
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