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Atlas Salt Inc ( (TSE:SALT) ) has issued an announcement.
Atlas Salt Inc. has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency to advance its Mine Design and Optimization Initiative at the Great Atlantic Salt Project. This initiative aims to reduce greenhouse gas emissions through the use of battery electric vehicles and other sustainable technologies, marking an important development for the company as it prepares to become the first major salt producer in Eastern North America in decades, with significant job creation anticipated.
More about Atlas Salt Inc
Atlas Salt Inc. operates in the mining industry, focusing primarily on the development of salt mines in Eastern North America. The company is particularly invested in sustainable and innovative mining technologies, as demonstrated by their commitment to low-emission operations.
YTD Price Performance: -4.69%
Average Trading Volume: 39,070
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$56.24M
For detailed information about SALT stock, go to TipRanks’ Stock Analysis page.
