Danakali agrees Colluli SOP-M off take

摘要

Australia’s Danakali signed memorandums of understanding (MoUs) for the offtake of 200,000 mt potassium magnesium sulphate (SOP-M) per year from its Colluli project in Eritrea, the company said July 20. Discussions are progressing towards binding agreements over the offtake. Production of SOP-M will add significant value to the Colluli project, Danakali said, as the product currently trades in excess of $450/mt.