Allana Potash announced the discovery of 1.2 million tons of potash deposits in the Dallol depression of Afar Regional State. 
The Canadian company engaged in large scale mining exploration in Ethiopia anticipates launching into production in one year to supply more than 2 billion US dollars worth of potash.
The Canadian-based Alana Potash, which has been undertaking a massive mining exploration in Ethiopia, has announced it has discovered over 1.2 million tons of potash deposit in the Dallol depression of Afar region. It also anticipated that it would transform itself into production the potash that it estimated to sell for over two billion dollars of the mining in one year.
Allana plants to plant its factory within six months after finalizing its study and after securing the appropriate licensing the company is expected to go operation in January 2014 according to information released from the company headquarters in Toronto.The company plans to supply more than 1 million tons of potash to the market in the same year.
The pre-cast visibility study carried out by Allana at Dallol has so far identified four categories of potash level. The company noted that it will produce 1.294 billion tons of deposit identified KCI out of the four categories taking up an estimated 19% of the total share.
Allana has already identified the details of the categories from the project sites that is licensed to explore.
Source: The Reporter
