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atlantic ltd (ATI) Details

Atlantic Ltd acquires, develops, and explores mineral resource properties. It principally explores for vanadium, iron, and bauxite deposits. The company’s flagship project, the Windimurra vanadium project, produces and sells ferrovanadium and is located to the north of Perth, Western Australia. It is also involved in two early stage bauxite development projects in Vietnam, including mine-rail-port bauxite project and the Bao Loc bauxite project. The company is based in Perth, Australia.

210 Employees
Last Reported Date: 09/30/13

atlantic ltd (ATI) Top Compensated Officers

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President of North America
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General Counsel
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Compensation as of Fiscal Year 2014.

atlantic ltd (ATI) Key Developments

Atlantic Ltd. Announces Sales Results for the Month of August 2014

Atlantic Ltd. announced sales results for the month of August 2014. For the month, the company reported Vanadium sales of 21 tonnes against 0 tonnes in the month of July 2014.

Atlantic Ltd Announces Consolidated Earnings Results for the Half Year Ended December 31, 2013

Atlantic Ltd. announced consolidated earnings results for the half year ended December 31, 2013. For the period, the company reported revenue of AUD 6,836,000. Loss before interest and tax was AUD 482,035,000 against AUD 6,361,000 a year ago. Loss before tax was AUD 552,156,000 against AUD 7,044,000 a year ago. Loss after tax was AUD 552,156,000 against AUD 7,044,000 a year ago. Basic and diluted loss per share was 356 cents against 4.6 cents a year ago. Net cash flows used in operating activities was AUD 77,574,000 against AUD 24,694,000 a year ago. Purchase of property, plant and equipment was AUD 3,666,000 against AUD 50,235,000 a year ago.

Atlantic Announces $122 Million Windimurra Restructuring

Atlantic Ltd. is proposing an AUD 130 million ($122.1 million) restructuring of its Windimurra vanadium operations in Western Australia aimed at addressing 'production bottlenecks'. The rebuilt facility would have a production capacity of 4,800 to 5,200 tonnes of contained vanadium per year, well below Windimurra's previous nameplate capacity of 6,300 tonnes.


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