Skip to main content

New board member for Atrum Coal

Published by , Editor
World Coal,


Atrum Coal NL has welcomed Craig Burton to the company’s board of directors with effect as of 1 January 2017.

Burton has over 25 years of experience in financing, developing and managing emerging resource projects in Australia, Canada and the UK. He has co-founded numerous resource companies. Seven resource projects co-founded by him have advanced from exploration into production.

Burton invested AUS$2.5 million in Atrum’s recent capital raising and is keen to assist the board with a focus on advancing the Groundhog project. He is currently a Non-Executive Director of Cradle Resources Ltd and Capital Drilling Ltd.

Burton commented: “It’s an exciting time to be involved in Atrum. Groundhog is arguably the best undeveloped high-grade anthracite asset in the world. There has been a little publicised collapse in the global supply of high-grade anthracite, forcing steelmakers to use more metallurgical coal and, in turn, putting pressure on the market. This favourable market dynamic for high-grade anthracite is likely to stay for a considerable period of time, making the development of Groundhog an outstanding opportunity.”

Read the article online at: https://www.worldcoal.com/coal/04012017/new-board-member-for-atrum-coal/

You might also like

Coal’s future: New report charts path to sustainability

FutureCoal’s latest report, ‘Roadmap for a Sustainable Coal Value Chain’, highlights how advanced coal technologies can reduce emissions, while continuing to support the global demand for energy and industrial growth.

 
 

Embed article link: (copy the HTML code below):