Danakali’s potash project could be a game changer for Eritrea — UN
UNDP says the Colluli potash project has the potential to significantly boost Eritrea’s economy and advance the country’s sustainable development agenda.
Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.
Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.
BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.