AFRICA STORIES

Elemental's potash play gains PE interest

Elemental Minerals has received a significant proposal to develop its Kola potash project from a private equity fund, just at the point when many fertiliser-focused hopefuls are struggling to gain traction amid falling prices and demand.

Elemental’s Kola potash project in the Republic of Congo has been courting attention

Elemental’s Kola potash project in the Republic of Congo has been courting attention

Summit Private Equity has submitted a non-binding proposal to the ASX-listed company, which could see the fund invest at least US$40 million, at A$0.20/share (US$0.14/share) – the same price at which the...

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