Danakali will spend the rest of 2020 focused on closing the required financing to bring its Colluli potash project closer to construction, as Eritrea eases covid-19 restrictions.
The battery metals start-up is investing over $60 million to accelerate a program on the potential environmental impacts of collecting polymetallic nodules from the deep seabed.
Recent accidents suggest the industry will struggle to meet Musk’s request for a large quantity of the metal produced in an “environmentally sensitive” way.