Bringing the Power of SALT to Investors

Slide Salt of the Earth The
SALT

Market Opportunity

The Great Atlantic Salt Project is a top-tier high-grade salt asset strategically located next to a deep water port in western Newfoundland. This puts Great Atlantic and Atlas Salt in the middle of a robust eastern North America road salt market facing security of supply issues.

Slide
  • Eastern North America relies heavily on overseas road salt imports to meet annual demand as no new mines have been built in the last 20 years
  • Approximately 25 million tonnes of de-icing salt (150 pounds for every American) is scattered on U.S. roads annually
  • The U.S. imports 7 to 10 million tonnes per year from Chile and North Africa
  • Increasing shipping costs from overseas have become a major issue
  • No economic substitutes or alternatives for road salt exist in most applications
SALT

Target Markets

Newfoundland & Labrador
300,000 tonnes/year
Atlantic Canada
800,000 tonnes/year
Northeast USA/East Canada
1,000,000 – 5,000,000 tonnes/year

How we use Salt

Road De-icing

Road De-icing

The practice of removing snow or ice once it has bonded to the pavement.

Water Treatment

Water Treatment

Salt for water treatment is applied in both industrial and domestic environments

Water Filtration

Water Filtration

Saltwater pools are gentler on your body and clothing

Food Industry

Food Industry

Salt is perhaps most well-known for its roles as a flavoring agent and as a food preservative.

Pharmaceuticals

Pharmaceuticals

Without absorption, a drug cannot have a therapeutic effect, so some forms require a salt.

Slide Source: USGS, January 2021 Salt Consumption 2020
North American

TSXV: SALT