Atrum Coal Limited (ASX:ATU) is a metallurgical coal explorer and developer. Atrum is exploring the Elan hard coking coal project in Alberta, Canada after completing its acquisition in 2018. Elan has an exploration target of 745Mt of coal and is adjacent to Riversdale Resources’ Grassy Mountain Project. Elan South is the first of several projects Atrum will advance within the Elan tenements.
Atrum is also exploring and developing the world’s largest high grade anthracite deposit at Groundhog, which has a JORC resource of 1.57 billion tonnes.
The Company has a substantial coal position in Canada which boasts:
• Abundance of high quality anthracite and coking coals
• Well-developed rail and port infrastructure with excess capacity
• Access to deep sea ports
• Competitive shipping distance to Asia
• Positive government stance on mining.
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