ETHIOPIA DEVELOPS MAJOR POTASH RESERVES FOR ASIAN MARKETS

ETHIOPIA’S potential as a source of industrial minerals is beginning to be realised, with a growing number of exploration and mining projects underway, and rapidly increasing foreign investment. To date, its Ministry of Mines has granted 72 industrial minerals exploration licenses - 61 to foreign companies, eight to Ethiopian/foreign joint ventures, and three to local companies; and 52 mining licenses - 28 to foreign companies, 17 to Ethiopian/foreign joint ventures, and seven to local companies. The licenses are for minerals including potash, limestone, ...


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