Circum Mulls China Partner for $2.6 Billion Ethiopian Potash

Updated on
  • Search for investor to step-up if mining licence granted
  • Low-cost plant in Danakil area may generate $1 billion a year

Circum Minerals Ltd., a closely held Canadian miner, held talks with Chinese and Indian companies about establishing a partnership to develop a $2.58-billion Ethiopian potash plant as it awaits a mining license from the government, its chief executive officer said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.