Resumen de Essel ME Group to bring low-cost potash to market in 2018

Industrial Minerals

• The India-headquartered company plans to start potash production at its Bada project in Eritrea next year, promising to operate one of the least capital-intensive mines in the agrimineral market. Yoke Wong Essel ME Group, a subsidiary of diversified Indian conglomerate Essel Group, acquired the exploration licence for the 1bn tonne Bada potash mine in Eritrea in May 2015. The project is located in the northernmost part of the country's Danakil region, which is home to a number of potash exploration ventures.

  The potash deposit at Bada begins