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Monday, July 6, 2015

Israeli firm acquires potash mine in Ethiopia

Tel Aviv-based Israel Chemicals Ltd (ICL) has completed acquisition of the Allana Potash Corporation, which is developing Ethiopia’s Danakhil mine.
Based on a feasibility study conducted by Allana in February 2013, the Danakhil project is estimated to have the potential of yielding one million tonnes of muriate of potash per annum for 25 years.
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