Atlas Salt Inc. (SALT) News
TSXV: SALT · Salt · Development stage
- Market cap$183.8M
- Share price$1.47
- 52-week range$0.520 – $1.84
- Shares outstanding125,044,714
- ExchangeTSXV
- Websiteatlassalt.com
Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00) is developing the Great Atlantic Salt Project, a wholly owned, high-purity rock salt project on the west coast of Newfoundland, Canada, uniquely positioned to become North America's first new salt mine in nearly three decades. The Project is expected to produce 4 million tonnes of road salt annually for the import-dependent Eastern Canadian and U.S. Northeast markets. The 2025 Updated Feasibility Study outlines robust economics, including a 25-year mine life, C$188 million in average annual after-tax free cash flow, C$920 million of after-tax NPV8, a 21.3% post-tax IRR, and a 4.2-year payback. Designed as a highly electrified, low-emission operation, Great Atlantic's annual Scope 1 emissions are anticipated to equal just four Newfoundland households. Atlas is committed to responsible mining, environmental stewardship, and community engagement.
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News for Atlas Salt Inc. (TSXV: SALT) on MineTerminal Pro.