Danakali ESG Framework
Danakali investment summary
Colluli will be a low cost, high margin producer of SOP
Project execution is de-risked
Board and Executive team with extensive project execution experience
Colluli cash flows are de-risked
Binding 10-year offtake agreement
Colluli funding to date
DANAKALI
US$250M of funding (US$221.5M committed, subject to satisfaction of CP's³, US$28.5M subject
to negotiation4)
FEED Study: Free cash flow of US$85M p.a. to Danakali at full production
Danakali NPV
10, Real
of US$439m at an IRR of 31.3%¹
SOP is the premium, high margin potash product
Used to increase yields for high value food crops, including fruit, vegetables, coffee, tea and nuts
✓ Development underway with production and revenue to occur in 2022
¹DNK announcements, 29-Jan-18 & 30-Nov-15 2Average for first 60ys of production. 3 US$200m of Senior Debt subject to the satisfaction of conditions precedent 4DNK ASX announcement 26 Oct 2020.View entire presentation