Colluli Mining Share Company: Successfully Completed Operation Optimization Studies and Secured Project Fund; EPC Comencement is Scheduled for Next Year (2025)

Colluli Mining Share Company (CMSC); 50:50 JV between Eritrea National Mining Corporation (ENAMCO) and Sichuan Road and Bridge Group (SRBG); the owner of Colluli World Class Potash Deposit have succesffuly completed industry standard optimization study and secured project implementation fund.

The project optimization study considered construction of highly facilitated modern mine accumudation camp at sea shore. The construction of the modern mine camp at the sea shore will be the first by its type in Africa mining industry and is expected to urbanize the sorrounding Erythrean(Red) sea costline.

Colluli world class potash deposit meets Tier 1 mining project criteria with long mine life of about 200 years. According to UNDP Sustainble Devlepment Goals Report of 2019, Colluli Mining project have potential to generate significant effects on sustainable development agenda of Eritrea in particular on 13 specific SDGs due to natural senergies on most of them. The size of the mine will have significant potential in boosting Eritrea national economy and transforming agriculture.

©Eritrea Mining 25th of Dec, 2024.

ANALYSIS OF THE POTENTIAL CONTRIBUTIONS
OF COLLULI POTASH PROJECT
TO SUSTAINABLE DEVELOPMENT GOALS IN ERITREA

Final Report
January 2019