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Danakali to cash out of Colluli

Danakali is set to sell its stake in its flagship Colluli potash project in Eritrea for US$121 million.

Danakali to cash out of Colluli Danakali to cash out of Colluli Danakali to cash out of Colluli Danakali to cash out of Colluli Danakali to cash out of Colluli

End of the road for Danakali in Eritrea

Shareholders are slated to get about $110 million of that distributed back to them, with the balance retained by the company as it looks for new opportunities.

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