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EDITOR’S CHOICE PROJECTS | ETHIOPIA
ALLANA POTASH
Within the next three years,
TSX-listed potash junior
Allana Potash will start
contributing to the global
potash market when its
primary, Ethiopia-based
project Danakhil starts
producing. And it will be no
ordinary potash operation.
Thanks to the region’s
high temperatures and the
deposit’s shallow depth,
the mine will be one of the
most cost competitive potash
operations across the globe
WRITES LAURA CORNISH.
The mining star on
Ethiopia’s horizon
IN SHORT
The potash sector is
embracing Africa. Ethiopia
will soon introduce its first
producing potash mine
thanks to Allana Potash.
L ocated within Ethiopia’s north east-
ern Danakhil Depression, totalling ap-
proximately 312 km², Allana Potash’s
(Allana) potash project is a world-
class asset with significant development and
production potential.
“With over 2 billion tonnes of measured
and indicated potash resources, lying no
more than 100 m below surface, our project
is easily one of the most attractive within the
New asphalt on the
rehabilitated road
to Mekele 38
MINING REVIEW AFRICA
| JANUARY 2015
global potash sector,” says Allana CEO and
president Farhad Abasov.
This expansive resource in a shallow lying
ore body represents just the start of this
project’s appeal.
Pleasing project features
Allana’s project is situated in Ethiopia, which
Abasov believes is one of the most stable
countries on the African continent, which