Atlantic - The next Global Vanadium Producer

Atlantic is the owner of the world-scale Windimurra vanadium project in the Mid West region of Western Australia.  In August 2018, the Company completed a study on re-commencing operations at Windimurra.  The study focused on engineering upgrades to the existing significant site infrastructure following an extensive geometallurgical test work program.

The study confirmed the robust technical and financial parameters of the Windimurra project.  At a capital cost of A$127 million, Windimurra will have an initial mine life of over 25 years and is expected to deliver 7,750 tpa of V2O5 flake.  Steady state annual underlying earnings of A$50 to A$60 million are forecast based on a price of US$8 per pound V2O5.

Atlantic is currently undertaking a front end engineering and design (FEED) study with a target of first production by mid-2020.