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TSX: AAA

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  • January 10, 2012
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Welcome to Allana Potash

Allana Potash is a Canadian publicly traded corporation with a focus on the international acquisition and development of potash assets and is currently developing a previously explored potash property in Ethiopia, the Dallol Potash Project.

Allana has secured financial support from two significant strategic investors: IFC, a member of the World Bank Group, and Liberty Metals and Mining Holdings, LLC, a subsidiary of Liberty Mutual Group.

Allana has Measured and Indicated Sylvinite Resources of 97.8 Million Tonnes grading 30.04 % KCl, Measured and Indicated Kainitite Resources of 284.2 Million Tonnes grading 19.8% KCl, Measured and Indicated Upper Carnallitite Resources of 78.3 Million Tonnes grading 18.4% KCl, and Measured and Indicated Lower Carnallitite Resources of 212.6 Million Tonnes grading 12.0 % KCl. In addition to these resources, the project contains additional Inferred Mineral Resources of 596 Million tonnes grading 20 % KCl from all four potash horizons.

Allana has approximately 196.5 million shares outstanding and trades on the Toronto Stock Exchange (TSX) under the symbol "AAA"

What is Potash?

In 2007, the global demand for fertilizer totalled 195 million tons, with over 30 million tones attributed to potassium-based fertilizers (i.e. potash) (FAO Fertilizer Outlook)... Read more