BHP reported to be eyeing Ethiopian potash

Addis Ababa-BHP Billiton has reportedly been granted a potash prospecting license to some 17,000 square kilometers in Ethiopia’s northeastern Afar region, according to the Australian and African press. BHP had not returned calls at press time. The reports also have three unidentified Canadian companies prospecting for potash in the country as well. Last week two of the majors, PotashCorp and Agrium Inc., said it was not them. India’s Sainik Finance & Industries was earlier reported (GM Archives) to be prospecting for potash in the country.