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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.


TSXV:SALT - Post by User

Post by Canticleon May 28, 2022 11:37am
182 Views
Post# 34714391

Ukraine salt supply

Ukraine salt supply

Artemsil, Europe's largest salt supplier, is based in Ukraine on a Bessarabian salt deposit. In April they stopped production, and yesterday Russian missles/bombs destroyed their factory in Soledar. Ukraine is now going to have to import salt, as well as their regular customers, Hungary, Poland, Georgia, Moldova, Azerbaijan and Romania. The total production in a year from Artemsil deposits is generally in the neighborhood of 2 million tonnes, which has effectively now been reduced to zero. The mine under Soledar alone was responsible for 95% of Ukraines salt supply.

 

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