Eritrea is considering a new port on its coast line with the aim of helping export potash from mines being developed in the country and from neighboring Ethiopia, the Bloomberg news portal reports.
The port is to be situated at the Bay of Anfile, located some 75 kilometers east of a Colluli potash project being operated by Dankali Limited of Australia.
The report cited a mines ministry official, Alem Kibreab, as saying that a feasibility study was underway to pick a site for the proposed port.
The start of construction was, however, envisaged about five years after the mine starts operating there because according to plans, “To begin (construction), the company has to make money.”
Dankali Ltd On August 22 announced that its Social and Environmental Management Plans (SEMPs) for the Colluli Potash Project in Eritrea had been agreed on and finalized after a review process.
Its executive chairman Seamus Cornelius said: “We are committed to having a significantly positive impact in Eritrea. Colluli stands to provide significant social and economic benefits, creating hundreds of permanent jobs for Eritrean nationals and catering for community interests.”
The project is 100%-owned by Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO).
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