Atlas Salt Expands Strategic MOU with Sandvik Mining Supporting $132 Million of Equipment and Services at Great Atlantic Salt Project
Atlas Salt Expands Strategic MOU with Sandvik Mining Supporting $132 Million of Equipment and Services at Great Atlantic Salt Project FOR IMMEDIATE RELEASE St. George’s, Newfoundland and Labrador – February 13, 2026 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQX: SALQF; FRA: 9D00) announces an expansion of its strategic relationship with Sandvik Mining (“Sandvik”) in connection with the Updated Feasibility Study (“UFS”) for the Great Atlantic Salt Project (the “Project”), located near St. George’s, Newfoundland and Labrador. Building on the comprehensive non-binding Memorandum of Understanding (“MOU”) announced in September 2024, Atlas Salt and Sandvik have expanded the scope of the MOU to reflect the full construction and ramp-up requirements outlined in the UFS. The expanded scope contemplates Sandvik supplying underground mobile mining equipment, technology, and associated services, with vendor-supported financing for Sandvik capital equipment required during Project construction and the planned ramp-up to steady-state production of […]