Millennial Potash Corp. (TSXV: MLP | OTCQB: MLPNF | FSE: X0D) has announced that its chairman, Farhad Abasov, held an important meeting with His Excellency Brice Clotaire Oligui Nguema, the President of the Republic and Head of State of Gabon on 30 November 2023, at COP28 United Nations Climate Change Conference in the UAE, to discuss Millennial’s Banio Potash Project.
Mr. Abasov informed the President and ministers of the progress Millennial had made in a few months since the company started its exploration programme in Gabon, and its ambitious development programme going forward.
The Gabonese President expressed his full support for Millennial’s Banio Potash Project in the country and emphasized the importance of foreign direct investment in Gabon. During the meeting the ministers noted that the Gabonese government would work closely with Millennial to develop all the necessary infrastructure for the Banio project including the nearby port.
Farhad Abasov, Millennial’s Chair, commented “We are very grateful to His Excellency the President of Gabon for meeting us despite his very busy schedule at COP28. It was a very cordial and productive meeting. We were encouraged to hear about strong support for foreign investments in various sectors in Gabon in general, and for our Banio Potash Project in particular. The Gabonese President emphasized the importance of Millennial’s potash project for the economic growth in the Mayumba region of the country. We also discussed the infrastructure development to support our project.”
Mr. Abasov continued, “The government pledged its full backing to various programs including port development that would be critical to the success of Millennial’s operations in Gabon. His Excellency endorsed our ambitious exploration and development programme and was impressed with the fast-track development of the project so far. The sides agreed to work together to build Africa’s first potash mine in the next few years.”
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