The Kola potash project, in the Democratic Republic of Congo, is expected to cost $2.1-billion to develop, triple-listed Kore Potash said on Tuesday.
The ASX-,JSE- and Aim-listed company revealed that Kola would have a nameplate capacity of 2.2-million tonnes a year of muriate of potash (MoP), over a 33-year mine life, delivering average annual earnings before interest, tax, depreciation and amortization of around $585-million and average annual free cash flow of some $500-million.