Danakali (ASX:DNK) has a new substantial shareholder known as The Capital Group Companies, Inc., which is the parent company of Capital Research and Management Company (CRMC).
CRMC is a U.S.-based investment management company that manages the American Funds family of mutual funds, and now holds a 6.79% stake in Danakali.
Danakali remains focused on the Tier-1 Colluli Potash Project, which is located in the East African country of Eritrea.
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