LATEST ANNOUNCEMENTS

Colluli SOP Price Update
Thursday, 14 October 2021

Change to Danakali Board of Directors
Wednesday, 01 September 2021

Financial Report for the Half Year Ended 30 June 2021
Wednesday, 01 September 2021

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Colluli - A Global Game Changer

Colluli – There is only one. Colluli has one of the world’s largest solid salt, near-surface high-grade Sulphate of Potash (SOP) reserve of 1.1 billion tonnes or 200 years of life of mine. The Project is located in Eritrea and is ~75km from the Red Sea coast, making it the most accessible known potash deposits globally. The Project carries a low level of complexity due to the unique geology of the salt deposit amenable to open-cut mining, creating predictable processing outcomes, plant feed grade, and production rates using simple, commercially proven mineral processing technology.

Colluli Zero Carbon™ Sulphate of Potash

Colluli can become the world’s first zero carbon producer of SOP. We are determined to embrace renewable energy and run our business in a way that delivers positive environmental impacts for Eritrea and the world. Our initial goal is to create a responsible, environmentally friendly, zero carbon, premium fertilizer business that clearly links Colluli SOP with the production of nutritious crops, bolsters global food and nutrition security, and improves millions of lives.

Climate Smart Agriculture

Towards 2050, rising population and incomes are expected to call for 70 percent more food production globally and up to 100 percent more in developing countries, relative to 2009 levels. The most considerable contribution to increasing the agricultural output will most likely imply production intensification on existing agricultural land. That will require the widespread adoption of sustainable land management practices, including climate-smart, chloride-free fertilisers such as SOP.

Positive Social Impact

The Colluli will be in full compliance with the Equator Principles and the International Finance Corporation (IFC) standards for Environmental and Social Performance, including international best practices on human rights, verified by independent experts. Colluli has also been recognized in a favourable report from the United Nations Development Program (UNDP) that this development could meet an unprecedented 13 out of a possible 17 of its sustainable development goals. Colluli also aims to become the zero-carbon SOP producer to give superior returns and have superior social and environmental impacts.

“Colluli can produce more SOP - cheaper,
easier, and greener - than anyone else can possibly hope to”

Danakali Limited Executive Chairman, Seamus Cornelius