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Atlantic’s foundation project is the Bao Loc bauxite project. This project has been complemented by its aluminium supply chain project in Vietnam.Atlantic signed a Memorandum of Understanding to work with Vietnamese state-owned entity, the Vietnam Natural Resources and Environment Corporation (T-MV), to develop an integrated 25 mtpa bauxite mine, rail, processing facility and port project.
T-MV and Atlantic intend to complete a feasibility study encompassing rail transportation, mining, and port development in Vietnam with a view to adding downstream alumina and aluminium processing in due course.The two major bauxite provinces of Dak Nong and Lam Dong in southern Vietnam are estimated to contain a combined 5.4 billion tonnes of bauxite.