Danakali Limited provided a market update on the Magnesium Chloride market potential and export capacity from the Colluli Project. DNK has previously stated its JORC-2012 compliant SOP reserve of 1.1Bt and the JORC-2012 compliant 85Mt of Kieserite mineral resource and JORC-2012 compliant 347Mt of Rock Salt mineral resource. With the process design complete and the mass balance finalised are now able to look specifically at the value of the by products that will be produced from process plant. Whilst Colluli' s primary focus is to develop the Colluli Project with the intention of exporting premium SOP to its target markets, the test results demonstrate high purity MgCl2 is produced as a direct by-product of Colluli's SOP production and it is suitable for potential export to regional markets or beneficiation. Bischofite brines from Module 1 and 2 from SOP production alone will produce an estimated 27.0 Mt of MgCl2 in the first 60 years at an annual production rate of 450,000 tonnes. MgCl2 is used in the production of Magnesium Oxide (MgO) in addition to its other primary applications in the agriculture, chemical, steel, automotive and construction industries. MgO is a feedstock for Magnesium (Mg) metal.