ASX-listed Atrum Coal has secured the supply of up to 100 000 t of anthracite though an option agreement with Atlantic Carbon Group (AGC) to its target customers in Europe, South America and Asia.
The two parties will share profits generated by the sale of anthracite on a 50:50 basis, with the profits being determined after each of Atrum and ACG recover all their respective costs on production and transportation of the clean anthracite.
