Canada’s Allana plans to build potash terminal at Djibouti port

18 December 2012 14:36  [Source: ICIS news]

TORONTO (ICIS)--Allana Potash plans to build a potash terminal at a new port being developed in Djibouti’s Tadjourah region, the Canada-based firm said on Tuesday.

“With the confirmed start of construction [of the port], Allana can begin the detailed planning for construction and operation of our potash terminal at Tadjourah Port,” said CEO Farhad Abasov.

“The completion of the Allana potash terminal at Tadjourah will make our company one of the few potash companies in the world with its own dedicated potash port facility,” Abasov added. He did not disclose capacities, costs or timelines for completion.

Allana is working on a potash project in land-locked Ethiopia. The project is partly financed by the World Bank’s International Finance Corp.

By: Stefan Baumgarten
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