Shares in vanadium and iron ore miner Atlantic have closed higher on the back of stronger monthly ferrovanadium production at the company's Windimurra project in the state's Mid West.
Atlantic chairman and managing director Michael Minosora has predicted a doubling in production volumes this month, as the vanadium and iron ore miner moves toward breakeven on its operating cash flow.
Mining and civil contractor Minepower says it has received a proposal from Atlantic Limited's subsidiary Midwest Vanadium to provide mining services at the proposed Windimurra vanadium project in t
Atlantic has appointed JP Morgan Securities to help secure debt funding required by its subsidiary Midwest Vanadium to complete the construction and commissioning of the Midwest vanadium project.
West-Perth based Atlantic has announced plans for a $55 million capital raising to fund construction and commissioning of the Windimurra vanadium project in Western Australia.
