Atrum Coal completes testing at Elan South

Company News

by Katrina Bullock

Metallurgical coal explorer and developer Atrum Coal (ASX:ATU) has completed coal quality and carbonisation testwork at Elan South.

Elan South hard coal coking, expected to be comparable to, and highly competitive with, premium hard coal coking currently exported from Canada and Australia.

The Elan South development has now evidenced the clear potential to produce a premium hard coking coal product.

Atrum coal expects strong demand from steel mills around the globe and at Tier 1 market pricing.

Atrum Coal (ASX:ATU) is trading 13.56 per cent higher at 34 cents.
 

Katrina Bullock

Finance News Network
Katrina joined FNN in 2018. She holds a Bachelor of Laws (Honours first class), a Bachelor of Business (Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She previously worked as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel for Greenpeace Australia Pacific.