Danakali Limited (ASX:DNK) and the Eritrean National Mining Company (ENAMCO) each own 50% of the Colluli Mining Share Company (CMSC). CMSC owns the Colluli Potash Project and currently holds exploration tenements spanning over 400km² within the Danakil Depression in South East Eritrea.

Since 2010, 97 holes have been drilled identifying a resource containing more than one billion tonnes of potassium bearing salts suitable for the production of potash fertilisers.

Danakali Ltd completed an economically robust prefeasibility study in February 2015 and is currently working on the Definitive Feasibility Study (DFS) to support the development of the project. The DFS is expected to be completed in Q3 2015.

Danakali releases quarterly report for the period ending 30 June 2015

Danakali Ltd (ASX: DNK) (“Danakali” or “the Company”) is pleased to provide the following quarterly update on its Colluli Potash Project (“Colluli” or “the Project”), which is located in the Danakil region of Eritrea, East Africa. Colluli is approximately 350km south-east of the capital, Asmara and 180km from the port of Massawa, which is Eritrea’s key import/export facility….

Quarterly Report For The Period Ending 30 June 2015

60% Reduction in Water Requirements from Colluli DFS

Danakali Limited is pleased to announce the completion of process optimisation testwork focussing on the reduction of water consumption for the Colluli sulphate of potash (SOP) project. Optimisation testwork was initiated in February 2015 following the completion of the prefeasibility study (PFS), and was completed at the Saskatchewan Research Council (SRC) under the direction of Global Potash Solutions. PFS mass balance modelling completed in December 2014 identified water consumption requirements of 11 tonnes per tonne of product (ASX release 9 December 2014). Optimisation testwork has substantially reduced water consumption requirements to 3.5 tonnes of water per tonne of product representing a reduction of over 60%.

Further details may be found at DNK Reduces Colluli Water Consumption

Edison Research Note

Danakali (ASX: DNK) is pleased to announce the release of Edison Investment Research Limited’s most recent report on the Colluli Sulphate of Potash (SOP) project.

Further details may be found at Edison Research Note

Danakali Receives High Purity SOP Samples

Danakali Ltd is pleased to advise that it has received a collection of high purity sulphate of potash (SOP) samples from the Saskatchewan Research Council. The samples were generated from recently completed pilot tests which processed the Colluli potassium bearing salts to confirm the process flow design. The process combines sylvite and kainite concentrates to generate SOP in a high potassium yield, low energy input conversion reaction. The reaction occurs at ambient temperature. The samples will be used for marketing purposes for the Colluli Potash Project.

Further details may be found at Delivery of High Purity SOP Samples