A feasibility study, carried out on behalf
of Yara International confirms significant potential to extract potash in the
Danakil depression in northeastern Ethiopia.
Visit the Yara website HERE.
The independent study identified an annual
production of 600,000 metric tonnes sulfate of potash (SOP) over 23 years from
reserves (Kainite, Carnallite and Sylvinite) at Yara's Danakil concession. The
company, which aims to begin mining activities in 3Q, 2018, is now seeking
equity partners to develop the project.
The reserves will be mined using solution
mining technology. The brine produced at the mining sites will be evaporated
utilizing high solar radiation. The harvested salts will be processed and
re-crystalized to SOP. Both standard and compacted SOP will be produced.
The product will be trucked 790km to
Tadjoura, Djibouti, where the project includes a product storage and handling
terminal at the new port currently under construction by the Djibouti Port
Authority.
Capital expenditure of the project is
estimated at US$740 million, while operating expenditure is expected to amount
to US$167/metric tonne FOB Djibouti.
The combination of a unique geological
structure and an extreme climate in the Danakil depression required adjustments
in the production process. Yara developed new technologies to fully utilize the
local advantages.
Yara's Danakil mining project has received
the backing of the Ethiopian government, which has committed to providing
electric power by building a 130km long power line. The government will also
construct a new lowland transportation road to support mining operations.
Sustainable water availability has been
confirmed through a water exploration campaign, while an environmental and
social impact assessment study confirms that the future activities comply with
Ethiopian environmental legislation and international guidelines and standards.
Visit the Yara website HERE.
The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine GFMT
which is published by Perendale Publishers Limited.
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