First Tidal Acquisition Corp T.AAA

RE:RE:RE:One step closer to potash production;

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The deposits in the Dankhil Depression are likely the lowest production cost deposits on Earth because the extremely hot and dry climate is ideal for solution mining,” says the University of Michigan’s Gabe Collins, a researcher into Ethiopia’s trade links with China. “To boot, the area appears to have a rechargeable aquifer that can sustain mining operations.” Mr Collins says that Ethiopia could become the world’s cheapest source of potash. It is also the closest large volume seaborne supplier to India, China and emerging African agricultural markets – all major food sources for the Gulf. With proper rail infrastructure it might be possible to deliver potash to global markets such as Brazil – another big buyer – more cheaply than Uralkali can from its mines in the Russian interior, he notes. With ample fertilizer reserves and an eager market on its doorstep, Ethiopia is in a position to shrug off its image as a symbol of world hunger, and help feed the world instead.