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Allana Potash Forms Strategic Alliance With Israel Chemicals

|Includes:Allana Potash Corp (ALLRF)

Fertilizer is a growth industry world wide. No more so than in Africa where modern, fertilizer intensive farming is rapidly growing.

Allana Potash (OTCPK:ALLRF) has a huge potash deposit in Ethiopia with access to the Indian Ocean. It has just concluded a strategic alliance with the world's sixth largest potash producer, Israel Chemicals Limited.

The deal combines an equity participation, a take or pay off take agreement for up to 1 million tons per annum and technical assistance.

Read more about the deal at

A Major Partner For Allana PotashCEO Farhad Abasov on the ICL Strategic Alliance

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: ALLRF