PROJECT FINANCE

AFC takes equity position in Danakali

First stage of Eritrean potash project now 'effectively funded'

 The proposed mine will be built in one of the most remote, hottest and driest locations on the planet.

The proposed mine will be built in one of the most remote, hottest and driest locations on the planet.

Shares with the Eritrea-focused Danakali have drifted lower since April, but AFC has elected to put in a further A$74 million by buying shares at 60c, a 5% discount to the 30-day average.   Together...

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