Atlas Salt hires Hatch for Great Atlantic engineering

Executive Summary

• Atlas Salt Inc. has signed a non-binding Memorandum of Understanding (MOU) with Hatch Ltd. to appoint Hatch as the lead engineering and Integrated Project Delivery (IPD) partner for the Great Atlantic Salt Project.
• Hatch will integrate all engineering disciplines under an IPD framework to align safety, design efficiency, and execution certainty with Atlas Salt’s development strategy.
• The partnership leverages Hatch’s expertise in underground soft rock mining, digital engineering tools, and local presence in Newfoundland and Labrador to reduce execution risks and ensure project success.

Key Details

• Parties Involved: Atlas Salt Inc. (Company) and Hatch Ltd. (Lead Engineering and IPD Partner).
• Agreement Type: Comprehensive, non-binding Memorandum of Understanding (MOU).
• Project: Great Atlantic Salt Project.
• Hatch’s Mandate:
  • Serve as lead engineering partner.
  • Serve as Integrated Project Delivery (IPD) partner.
  • Integrate all engineering disciplines under an IPD framework.
• Strategic Benefits Highlighted:
  • Safety & Sustainability: Implementation of Hatch’s "no-harm" approach, prioritizing health, safety, and environmental performance from concept through operations.
  • Risk Management: Coordinated engineering, risk management, and project controls to reduce execution risks and drive efficient decision-making.
  • Digital Engineering: Application of advanced digital design systems and information management platforms to streamline engineering, procurement, and construction sequencing.
  • Local Support: Utilization of Hatch’s established office in St. John’s, Newfoundland, for on-the-ground support and direct collaboration.
  • Technical Expertise: Leveraging Hatch’s experience in major underground mining projects (potash, nickel, salt) and its bench of subject matter experts in mine, port, and infrastructure design.
• Management Commentary:
  • Nolan Peterson, CEO of Atlas Salt: Described Hatch’s addition as a "pivotal milestone," citing their track record in large-scale soft rock mining and commitment to safety/sustainability as providing confidence in global engineering standards.
  • Mike Watters, Global Lead, Mine Infrastructure at Hatch: Highlighted the honor of partnering on the project, emphasizing the delivery of safety, efficiency, and sustainability through the IPD model and digital tools.
• Technical Approval: Scientific and technical information approved by Andrew Smith, PEng, ICD.D, Project Director and General Manager, a qualified person under National Instrument 43-101.