asmara geo congress news

Extract from the Asmara Geo Congress

Almost all the participants of the Geo-congress are appreciative of Eritrea’s high quality potash deposit at Colluli located only 65 km away from the sea which is also expected to commence production by the year 2016.

“I am really impressed by the world class potash deposit in the Denakil depression which is going to last long. It has the characteristic of being close to the surface; so it doesn’t require building an underground mine,” Mr. Hall said. “So there is a big future for Eritrea as potash producer.”

Also according to South Boulder’s Country manger and Chief Geologist Zeray Leake, owing to the closeness of the potash deposit to the surface; the initial investment would be very minimal which makes the Colluli quite attractive to investors.

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