Allana Potash Corp. ("Allana")is a publicly traded company with a focus on the acquisition and development of potash assets. Allana's flagship project is its Ethiopia Potash Project in the Danakhil evaporite basin. Allana also has potash claims in Argentina adjacent to Vale's Rio Colorado... More
Monday, Jun 107:07 PMAllana Potash (ALLRF.PK), the developer of a $642M potash mine in Ethiopia, says predictions of a global oversupply of potash are overblown because forecasts include mines that aren’t yet in production and may be shelved or canceled because of rising construction costs. Cantor Fitzgerald shares the view: "The fears come from the fact that there is overcapacity, but there certainly isn’t oversupply." |Monday, Jun 107:07 PM| 2 Comments
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