Ethiopian (Danakhil) Potash Project, Afar

Gov't takes over Allana Potash's concession

Allana Potash had committed itself to develop the mine at a cost of 700 million dollars. But the company was unable to raise the required capital due to the nose diving price of potash in the international market. Accordingly, Allana Potash sold all its shares to ICL was de-listed from the Toronto Stock Exchange.

Allana Estimates 160 Million Cubic Metre Water Reservoir at …

Allana Potash Corp. (TSX:AAA,OTCQX:ALLRF) announced that the hydrogeological study on their Ethopian Dallol Potash Project has revealed a significant water reservoir which is thought to be about ...

Allana Potash sold to Israel Chemicals for $137 million

Canadian junior miner Allana Potash Corp. (TSX:AAA) has agreed to be acquired by fertilizer giant Israel Chemicals Ltd. (ICL) after it failed to raise the capital it …

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ALLANA POTASH CORP : ALLANA POTASH HITS WATER IN …

Toronto, Ontario, July 24, 2012 -- Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) ("Allana" or the "Company") is pleased to provide an update on technical studies and infrastructure developments related to its ongoing Feasibility Study ("FS") with respect to the Danakhil Potash project located in Ethiopia.

Allana Announces Approval of its Environmental, Social …

Allana is extremely pleased to receive approval from the Ethiopian Authorities for the project ESHIA, said Farhad Abasov, President and CEO of Allana. …

Millennial Potash | Officers & Directors

In the past was the Chief Operating Officer for South Harz Potash directing efforts at their German potash project. Previously in-country MD for Allana Potash Corp based in …

ICL to Partner with Allana Potash to Develop Potash Mine in …

ICL will support Allana in its development of the Danakhil potash project located in the Dallol region of the Afar province of northeast Ethiopia. The feasibility …

A Major Partner For Allana Potash

February 12, 2014 Allana Potash ( T.AAA) announced a strategic partnership with Israel Chemicals Limited, ICL, one of the world's largest fertilizer producers. Making the announcement Farhad Abasov, President and CEO of Allana, commented, "We are pleased about our strategic alliance with ICL. This is a significant and defining milestone in ...

Allana Potash's Dallol Project Developing into a world …

Allana Potash (CVE:AAA, OTCQX:AALRF) has an option to acquire interest in a 160 km² land package including portions of the world class Dallol Potash deposit located in Ethiopia. The northwest portion of Allana's licenses hosts a historic Inferred Mineral Resource of 73.9 million tonnes grading 61.7% kainite, and 31.3 million …

Allana Potash held talks with Chinese construction giant before ICL

On March 26, Allana agreed to a takeover offer from Israel Chemicals Ltd. (ICL) worth $137 million. Sources close to Allana said the firm tried to negotiate a binding agreement, but the Chinese company dragged its feet. Chinese firms are known to be careful and deliberate negotiators, and they frequently sign MOUs that don't result in firm …

From the horn of Africa — Allana increases Ethiopia Dallol potash

Article content. Allana Potash Corp (TSX:AAA) announced an updated NI 43-101 mineral resource estimate for its Dallol Potash Project in the Danakil Depression, northeast Ethiopia. The project now has measured and indicated resources of 1.3 million tonnes at an average grade of 19.32% KCI (potassium chloride), representing …

ALLANA POTASH CORP : Allana Potash Provides Project …

Toronto, Ontario, August 7, 2013 - Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) ("Allana" or the "Company") provides project update and announces that it has filed a technical report entitled "Resource Update for the Danakhil Potash Deposit, Danakhil Depression, Afar State, Ethiopia" (the "Technical Report") prepared in accordance with …

Allana Potash's Dallol Project Developing into a world class …

Dundee Capital Markets recently forecast potash price targets of from $700 to $750 per tonne within 24 months, so the upper end of Allana's potential extraction rate (3 MTY) could yield revenues ...

Israel Chemicals Offers $109 Million for Allana Potash

Reuters. Mar 29, 2015. Israel Chemicals said on Friday it had made a $137 million Canadian dollars ($109.5 million) offer to buy Canada's Allana Potash, a deal it hopes will accelerate development of a mine in Ethiopia. ICL already owns 16.36% of Allana, whose Danakhil project in northeast Ethiopia could yield up to 1 million tons of muriate ...

A Major Partner For Allana Potash

February 12, 2014 Allana Potash ( T.AAA) announced a strategic partnership with Israel Chemicals Limited, ICL, one of the world's largest fertilizer producers. Making the …

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ICL Terminates Potash Project In Ethiopia Due To …

ICL took over the Afar Dallol potash mine development project in 2015 after it bought all the shares of Allana Potash, the Canadian company that owned the concession. The company had a plan to develop the vast potash deposit estimated at three billion tons and build three fertilizer blending plants at a total cost of one billion dollars.

ICL Completes its Acquisition of Allana Potash

ICL paid C$137 million for 83.78% of Allana's outstanding shares that it did not already own. In 2014, ICL acquired 16.22% of Allana for an aggregate of C$25 million. Allana holds a concession to ...

Allana CEO Farhad Abasov: Ethiopian Opportunity

A constant 40 degrees Celsius, 120 meters below sea level; Allana Potash's ( T.AAA) Ethiopian project is a study in extremes. On October 9th the company announced that it had received its Mining Licence from the Ethiopian Ministry of Mines. As Farhad Abasov, Allana's CEO explained from London, "this opens the door to construction".

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Greg Cain Allana Potash . 2021115 · greg cain project director allana potash. greg cain project director allana potash israel chemicals ends potash project in ethiopia - business insiderct 6, 2016 allana afar is a unit of icl the ethiopian project was meant to be an alternative source of potash in case icl failed to get its israeli dead sea ...

ALLANA POTASH CORP : ALLANA POTASH FILES NI 43-101 …

For Immediate Release: March 19, 2013 ALLANA POTASH FILES NI 43-101 TECHNICAL REPORT FOR ITS DANAKHIL POTASH PROJECT FEASIBILITY STUDY Toronto, Ontario, March 19, 2013 -- Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) ("Allana" or the "Company") announces that it has filed a technical report entitled …

ICL to Partner with Allana Potash to Develop Potash Mine …

ICL will support Allana in its development of the Danakhil potash project located in the Dallol region of the Afar province of northeast Ethiopia. The feasibility study for the proposed mine ...

Millennial Potash Corp. Announces Appointment of Dr. Mark …

Dr. Stauffer is the former President of the Potash and Phosphate Institute of Canada ("PPIC"), and former Senior Vice President of International Programs, at the Potash and Phosphate Institute ...

Allana Potash (ALLRF) Quote

Real-time Price Updates for Allana Potash (ALLRF), along with buy or sell indicators, analysis, charts, historical performance, news and more

PROJECT UPDATE: Allana Potash Files NI 43-101 Report for …

According to the company's Feasibility Study, Allana Potash has an after-tax Net Present Value (NPV) of US $1.32 billion at a discount rate of 10% (based on a price of $430/tonne), including an ...

ALLANA POTASH CORP : ALLANA POTASH JOINS THE …

For Immediate Release: December 18, 2012 ALLANA POTASH JOINS THE CEREMONY OF TADJOURAH PORT CONSTRUCTION START Toronto, Ontario, December 18, 2012 -- Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF)("Allana" or the "Company") wishes to express its congratulations to the Djibouti Ports and Free Zones …

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ALLANA POTASH CORP : Allana Issues Correction to …

Allana has measured and indicated Sylvinite resources as at February 2, 2013 of 327.4 million tonnes of 28.3% KCl; and inferred Sylvinite resource of 90.8 million tonnes grading 27.8% KCl, (see Allana's Technical Report entitled "Summary of the Feasibility Study for a Solution Mine on the ALLANA Potash Project, Danakhil …

ALLANA POTASH : Announces Completion Of Acquisition By …

Toronto, Ontario, June 22, 2015 -- Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce today the successful completion of the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (Ontario) pursuant to which Israel Chemicals Ltd. ("ICL"), …

Allana Potash : Enters Into Arrangement Agreement With ICL

TORONTO, ONTARIO--(Marketwired - Mar 26, 2015) - Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Israel Chemicals Ltd. ("ICL"), pursuant to which ICL will acquire, through an indirect wholly …

Ministry unable to takeover Allana's mine

March 4, 2017. The Ministry of Mines, Petroleum and Natural Gas is unable to takeover Allana Potash's potash mining project in the Afar Regional State due to outstanding tax issues. Allana Potash Afar, the Canadian …

Ethiopia accuses Allana Potash of tax evasion

January 14, 2017. Prime Minister Hailemariam Dessalegn on Monday accused Allana Potash, the Canadian company which was engaged in potash mineral exploration and development project in the Afar Regional State, of tax evasion. In a press conference held in his office on Monday morning Prime Minister Hailemariam was asked about the state of …