Production Capacity: 4.0 million tonnes per annum (Mtpa) at steady state.
Base Salt Price: C$81.67 per tonne (FOB Turf Point).
All-In Sustaining Cost (AISC): C$34.90 per tonne, creating a massive operating margin insulated from inflation.
Initial Capital Expenditure (CapEx): C$589 million.
Discount Rate: 8%.
Atlas Salt Inc. engages in the evaluation and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for salt and nepheline deposits. Its principal asset is the 100% owned Great Atlantic salt project in the St. George’s Bay Basin of western Newfoundland. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in August 2021. Atlas Salt Inc. was incorporated in 2011 and is headquartered in Saint George's, Canada.