Atlas Salt Announces Updated Feasibility Study with Enhanced Results for the Great Atlantic Salt Project;$920M Post-Tax NPV8 and 21.3% Post-Tax IRR
Atlas Salt Announces Updated Feasibility Study with Enhanced Results for the Great Atlantic Salt Project;$920M Post-Tax NPV8 and 21.3% Post-Tax IRR FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – September 19, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) announces the results of its Updated Feasibility Study (“UFS”) on the 100%-owned Great Atlantic Salt Project (“Great Atlantic” or the “Project”) located in Western Newfoundland. UFS Highlights(all figures are in Canadian dollars and include annual escalation, unless otherwise noted) Post-tax NPV8: $920 million, Post-tax IRR: 21.3%, Payback: 4.2 Years Pre-tax NPV8: $1.68 billion, Pre-tax IRR: 27.1% Pre-tax NPV5: $2.75 billion, Post-tax NPV5: $1.57 billion Initial Capital Cost: $589 million Life of Mine (“LOM”) Sustaining Capital: $609 million Average Annual LOM Operating Cashflow (EBITDA1) in Operations: $325 million per annum (“pa”) Average Annual LOM Post-Tax Free Cashflow in Operation: $188 million pa Total Undiscounted Post-Tax […]