Vision & Strategy

Pure metallurgical exploration and development

Atrum Coal offers potential for substantial upside leverage tied to exploration success.

With the proposed acquisition of the Elan Project, Atrum aims to secure a premium metallurgical coal project in Canada that is close to infrastructure and surrounded by other coal mines in development and operation.

Strategic project locations

Atrum has specifically targeted Canada as its initial project focus due to its relative:

By targeting high value anthracite and other metallurgical coals in pro-mining geographies, Atrum seeks to minimize strategic risks associated with development of coal projects. It also seeks to maximize the opportunities for strategic partnerships in development.

Initial focus on near-surface resources

Atrum’s strategy includes a primary focus on near-surface underground and open cut targets which facilitate early production and a lower risk path through development to operation.

Highly experienced and focused board and management team

Atrum retains an executive team with a track record in identifying and commercializing world class coal deposits. It will continue to add technical bias as the exploration strategy unfolds.

Developing relationships

Atrum has formed Joint Ventures with Atlantic Carbon Group PLC (“ACG”) to market and sell anthracite from ACG’s operations in north-easternn Pennsylvania, USA, to achieve greater access and exposure to international markets and provide cash flow for the development of Groundhog and Panorama.

The company also has a Joint Venture with Japan Oil, Gas & Metals National Corporation (“JOGMEC”) in relation to exploration at Atrum’s Panorama North coal project. the company is seeking other JV partners for other projects.

Anthracite market strength

The sustained growth and development of North and South Asian economies, the high cost of metallurgical coke for steel production, the short supply of existing high grade anthracite and technological advances in anthracite processing technology, linked with the growing demands of strategic coal buyers, is creating substantial new opportunities for large scale long term supply of high grade anthracite. Industrial uses of anthracite are also expanding – from water filtration to synthetic graphite.

Given the company’s projects are location in diverse geographical settings, management have elected to utilise the various permitting paths available to exploration companies in British Columbia and Alberta.