Solar and wind may power Danakali's potash project in East Africa

Potash company Danakali Ltd (ASX:DNK) has determined that both solar and wind energy are viable sources of power for the Colluli Sulphate of Potash (SOP) project in the State of Eritrea, East Africa.

Danakali said in a statement today that while continuing the process of evaluating renewable energy options, it has concluded early assessment work on the solar and wind energy potential of Colluli. The process has confirmed that both alternatives can be incorporated into the future power generation for the project.

The company will now cooperate with its preferred power supplier, namely Aggreko Plc (LON:AGK), to further develop these solutions. It also noted that the mining licence area is in close proximity to known geothermal gradients including at Alid, which has been recognised by the Eritrean government as a potential high geothermal resource.

The Colluli project is fully-owned by the Colluli Mining Share Company (CMSC), which is a 50/50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO).

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