Great Atlantic Salt Project
Sector: Warehouse • Location: St. George's, Newfoundland and Labrador, Canada
Source: Crux Investor
Atlas Salt is developing the Great Atlantic Salt Project in Newfoundland, Canada, which is North America's first new salt mine in nearly 30 years. The project targets a nameplate production capacity of 4 million tonnes per annum (Mtpa) to serve the import-dependent eastern seaboard de-icing market. The project benefits from a shallow, high-purity salt deposit, established infrastructure, and strat
- Status
- Prospective
- Sector
- Warehouse
- Location
- St. George's, Newfoundland and Labrador, Canada
- Updated
- 22 Jul 2026
- Source
- Crux Investor
ConstructChat
Ask ConstructChat about Great Atlantic Salt Project
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Atlas Salt is developing the Great Atlantic Salt Project in Newfoundland, Canada, which is North America's first new salt mine in nearly 30 years. The project targets a nameplate production capacity of 4 million tonnes per annum (Mtpa) to serve the import-dependent eastern seaboard de-icing market. The project benefits from a shallow, high-purity salt deposit, established infrastructure, and strategic location providing logistics advantages. The updated feasibility study shows robust economics with an after-tax NPV8 of $920 million, IRR of 21.3%, and average annual post-tax cash flow of $188 million over a 24.3-year mine life. The project has completed environmental assessment, secured strategic partnerships, and is progressing toward production estimated by 2030. |
Original sector | Mining |
Budget |
Location
Country | Canada |
State | Newfoundland and Labrador |
City | St. George's |
Source
Source | Crux Investor |
URL |
More Details
Record type | Project |
Sector | Warehouse |
Article published date | 2025-12-25 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project