Allana May Begin Extracting Ethiopian Potash Deposit
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Allana Potash Corp., a Canadian explorer for the fertilizer ingredient, may begin extracting the mineral from Ethiopia’s northeastern Afar region in 2013, said Vice President Nejib Abba Biya.
The company, based in Toronto, has been exploring the Dallol Depression in Ethiopia and had “very, very encouraging” results, Nejib said in a mobile-phone interview today from Addis Ababa, the capital. Allana expects to extract 1 billion metric tons from its 150 square-kilometer (58 square-mile) concession.