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ATLAS SALT INC - $REMRF STOCK NEWS

Welcome to our dedicated page for ATLAS SALT news (Ticker: $REMRF), a resource for investors and traders seeking the latest updates and insights on ATLAS SALT stock.

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Atlas Salt Inc. announces the filing of an amended technical report for the Great Atlantic Salt Project, maintaining the base case for developing an underground salt mine in Newfoundland and Labrador capable of producing 2.5 Mtpa of rock salt. The Amended Technical Report includes minor changes and the removal of an expansion case assessment, with all Mineral Resource and Reserve Estimates remaining unchanged from the previous report. The report, prepared by SLR Consulting, confirms key infrastructure details for mine access and processing to reach Canadian and American markets.

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-2.41%
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Rhea-AI Summary
Atlas Salt Inc. announces its annual filings and company update, including key milestones achieved in 2024 for the Great Atlantic Salt Project. The company has filed its year-end audited financial statements and MD&A as of December 31, 2023. The updates include strategies for de-risking mine project execution, low GHG intensity confirmed, progress in environmental assessment processes, and objectives for the project in 2024. Rick LaBelle succeeds Rowland Howe as President of the company.
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-0.26%
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Atlas Salt Inc. announces that the Honourable Bernard Davis, Minister of Environment and Climate Change in Newfoundland and Labrador, has released the proposed Great Atlantic Salt Project from the provincial environmental assessment process. The Project aims to bring economic growth to the region by producing high-quality Canadian-made salt for North American markets. The release from the EA process marks a significant milestone in the Project's development and path to financing, construction, and stakeholder value. The Project's strategic advantage lies in its location, environmental sustainability, and economic viability.
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Atlas Salt Inc. announces an extension for the decision on the Great Atlantic Salt Project, emphasizing innovation, sustainability, and economic benefits.
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3.33%
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Atlas Salt Inc. announces the submission of the Project Registration Document for the Great Atlantic Salt Project, highlighting its commitment to innovation, sustainable practices, and minimal environmental impact. The Registration includes detailed environmental impact studies, community engagement initiatives, energy-efficient operational design, and social and economic contributions. Atlas Salt's greenhouse gas study reveals a low carbon footprint, supporting its environmental efforts and local economic growth.
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-0.69%
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Atlas Salt Inc. announces the results of a Greenhouse Gas Emissions Inventory Report for its Great Atlantic Salt Project, showing significantly lower operational GHG emissions than industry standards. The company's commitment to environmental sustainability is highlighted by the use of state-of-the-art battery electric mining technologies, resulting in emissions comparable to those of just four Newfoundland families. The strategic and engineering efforts made by Atlas Salt's management have culminated in an operation with attractive economics and minimal environmental impact, setting a benchmark in sustainability for underground mines globally. The company's innovative design and operational strategies minimize the use of fossil fuels across all mining and processing stages, achieving an anticipated emission rate that is extraordinarily low compared to mining industry standards. CEO Rick LaBelle's vision for Atlas Salt is to create an industry-leading example in sustainable underground mining, building it responsibly for future generations. The project's low GHG emissions reflect the company's commitment to environmental stewardship and innovation, aiming to lead the way in sustainable mining practices globally.
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ATLAS SALT INC

OTC:REMRF

REMRF Rankings

REMRF Stock Data

58.30M
57.45M
37.62%
0.01%
Nitrogenous Fertilizer Manufacturing
Manufacturing
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United States of America
St. John's