Atlas Salt’s Newfoundland project shows strong returns, with $920M NPV, $188M annual cash flow, and 4.2-year payback.

Atlas Salt Inc. has released an Updated Feasibility Study for its Great Atlantic Salt Project in Western Newfoundland, showing strong financial results with a post-tax NPV of $920 million and a 21.3% IRR, a 4.2-year payback period, and $188 million in annual post-tax free cash flow. The 24-year project, based on proven and probable reserves, will produce 4.0 million tonnes of high-purity road salt annually, with average operating costs of $28.17 per tonne FOB. Initial capital is $589 million, sustaining capital $609 million. Improvements in mine design, logistics, and port throughput enhance efficiency and reduce risk. The company has secured regulatory approval for early works and continues advancing the project, which is positioned as a major, low-cost salt producer for North America.