◢ AFRIMINTEL · decision layer

The decision view

Colluli Potash

Danakil Depression, Eritrea · SOP · Colluli Mining Share Company (CMSC); SRBG 50% / ENAMCO 50%

Evidence depth: absent-stale
Latest study predates the current owner. Economics not re-verified.
Afrimintel states the evidence depth of all 159 assets on its bankability roster. 2 are fully-worked DCFs and 4 carry a complete study-level marker set; a further 9 carry headline study-grade markers only. 6 assets have their source documents preserved on this site, where 106 numeric figures verify against the document text and 9 are excluded and named because they cite a document not in the archive. See the full roster and what each tier means.

intelligence-gradedevelopment

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Hand-maintained under the contract suite (generator retired 7 Sep 2026) · dataset see manifest · record reviewed 2026-05-02 · machine-readable: /api/v1/deposits/colluli-potash.json · ⎙ print / save as PDF

Stage and status

DFI · investment house — what stage is the asset at, and what does its record hold?

Life-cycle stagedevelopment Derived
Operating statusPre-production under SRBG ownership; construction progress not publicly verified Sourced
Reserve (P+P)1100 Mt @ 10.5% K2O equivalent Sourced
Reserve basis (verbatim)100% project basis (~203 Mt SOP equivalent contained)

Value anchors

advisory · corporate development — what does the record support?

Resource (M+I+I)1289 Mt @ 11% K2O equivalent Sourced
Resource basis (verbatim)100% project basis (~260 Mt SOP equivalent contained)
Primary sourceDanakali historical JORC disclosure (carried in 2022 half-year report); operator change verified March 2023 … Sourced
Comparables (SOP-matched)none in the 25-set for this commodity · full screen Absent

Risk read

mining major · insurer — what is the exposure?

Ownership structureSRBG 50% + ENAMCO 50% at CMSC level since 31 March 2023; Danakali fully exited Sourced
Country risk noteEritrea UN sanctions removed 2018; U.S. OFAC sanctions Nov 2021 on certain Eritrean entities/individuals (did not directly apply to Danakali/ENAMCO/CMSC but complicated business + …
Recent events (record, newest last — tail shown)… ld's shallowest); 75km from Red Sea coast; AFC + Afreximbank $200M senior debt Aug 2019; AFC $50M strategic equity in Danakali Dec 2019 (legacy); construction progress under SRBG not publicly verified in reviewed sources Sourced

What this record does not yet support — disclosed, not estimated