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Great Atlantic Salt Project

Sector: Warehouse • Location: St. George's, Newfoundland and Labrador, Canada

Source: Crux Investor

Project
Planned

Atlas Salt is developing the Great Atlantic Salt Project in Newfoundland, Canada, North America's first new salt mine in nearly three decades with 4 Mtpa nameplate production capacity targeting the import-dependent de-icing market. The project has secured environmental assessment approval and strategic partnerships, with production targeted by 2030. The 2025 Updated Feasibility Study shows an afte

Status
Prospective
Sector
Warehouse
Location
St. George's, Newfoundland and Labrador, Canada
Updated
22 Jul 2026
Source
Crux Investor

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Project Information

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The project “Great Atlantic Salt Project” is an infrastructure initiative in the Warehouse sector, located in St. George's, Newfoundland and Labrador, Canada. Taiyo aggregates data on it from Crux Investor.

Participants

Not available for this record.

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, North America's first new salt mine in nearly three decades with 4 Mtpa nameplate production capacity targeting the import-dependent de-icing market. The project has secured environmental assessment approval and strategic partnerships, with production targeted by 2030. The 2025 Updated Feasibility Study shows an after-tax NPV8 of $920 million, 21.3% IRR, and average annual post-tax cash flow of $188 million over a 24.3-year mine life.

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

2025-11-19

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