Atlantic eyeing $122M Windimurra restructuring

Jul 11, 2014 | 01:14 PM | Daniel Fitzgerald

Tags  Atlantic, Windimurra, vanadium, ferrovanadium, beneficiation plant, fire, production, rebuild Amec Australia

NEW YORK — Atlantic Ltd. is proposing an Australian $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, the Perth, Australia-based company said.

The proposal is the result of a technical review by Atlantic staff and external engineering advisors (, March 24) following a fire in the beneficiation plant in February that has halted vanadium production for an expected 12 months (, Feb. 11). ....

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