Atlas Salt Announces De-risked Development Schedule for Great Atlantic Salt Project

Atlas Salt Inc. has announced a de-risked schedule for the development of its Great Atlantic Salt Project. Verified by Tamkali Limited, the new schedule reduces the project's duration to 59 months, a 5% improvement.

The updated plan results from significant advances in environmental assessments, permitting, and technical de-risking. Key enhancements include a detailed schedule, PERT analysis, Monte Carlo simulation, and the use of Oracle Primavera Cloud software for precision scheduling.

The company aims to secure project financing by the first half of 2025. Richard LaBelle, CEO, highlighted the team's resource management and commitment to advancing the project, noting the integration of expert insights and risk analysis.

Tamkali's President, Will van Niekerk, affirmed that the revised schedule provides a robust baseline for the project's timeline. The plan supports effective monitoring and control, ensuring defined and achievable milestones.