Allana, ICL launch technical cooperation on Ethiopia potash project
Stefan Baumgarten
19-Mar-2014
TORONTO
(ICIS)–Canada’s Allana Potash and Israel Chemicals (ICL) on
Wednesday launched a technical cooperation on
Allana’s planned Danakhil potash project in Ethiopia,
Allana said.
As part of the cooperation, the companies will be looking at
a number of aspects of the Danakhil project, including its
hydrology and water supply design, its solution mining and
evaporation pond operations procedures and output, as well
as transportation logistics and product storage.
The technical cooperation follows a
strategic alliance Allana and ICL formed last
month.
“We look forward to the next stage of our cooperation during
which ICL’s experts will advise Allana in connection with its
pre-construction work programmes to refine our operating
procedures for water extraction, solution brine management
and transport facility and operations design, among other
elements,” said Allana CEO Farhad Abasov.
“ICL’s technical assistance, as well as its take-or-pay
off-take and significant equity investment in Allana,
significantly contributes to de-risking the project and will
facilitate Allana’s construction and production activities,”
he added.
Additional reporting by Mark Milam in Houston
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