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Allana Potash's Ethiopian mining project

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The Allana Potash's Ethiopian mining project is a mining project currently being developed in Ethiopia. The project is being developed by China Mining United Fund and Allana Potash Corporation.

According to a press account, the China Investment Corporation is rumored to be interested in either investing in the project or help finance construction costs. The project is expected to cost around $280 million.

The CIC holds a small stake in PotashCorp, a Canadian Potash producer.

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