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A leap year for Elemental

In a few weeks, Congo potash aspirant Elemental Minerals is expected to sign a definitive agreement with its new backers for US$50 million, allowing it to kick start a feasibility study on the Kola project in the Republic of the Congo once shareholders have approved the deal.

Gareth Tredway
The Kola project has new backers and a construction consortium ready to build it

The Kola project has new backers and a construction consortium ready to build it

SUMMIT Private Equity’s proposed capital injection means the company will be fully funded to the end of that study, and also allows Elemental to revert back to a previous plan of building the project with...

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