- Athabasca (AMI) has secured a multi-year transload agreement with CRL Transload Services
- Athabasca subsidiary AMI Silica will benefit from sand trans-loading and storage services at CRL’s facilities in Taylor, B.C.
- The agreement is in line with Athabasca’s mandate to develop sales outlets in Western Canada to meet demand for its Northern White sand
- Athabasca Minerals is an integrated industrial minerals company focused on the production, trading and delivery of frac sand to Canada and the U.S.
- Athabasca (AMI) opened unchanged, trading at $0.25 per share
Athabasca (AMI) has secured a multi-year transload agreement with CRL Transload Services.
Athabasca subsidiary AMI Silica will benefit from sand trans-loading and storage services at CRL’s facilities in Taylor, B.C., within the heart of the Montney Basin.
The facilities provide frac sand for a number of Athabasca customers and are well-positioned on the CN railway, offering direct access to AMI Silica’s transload in Taylor, Wisconsin.
“Our mandate since the acquisition of the Wisconsin sand mine, processing facility and transload in early 2022 is to develop sales outlets throughout Western Canada to better serve our customers increasing demand for our Northern White sand,” stated Dana Archibald, Athabasca’s CEO. “By managing the logistics and partnering with CRL, we eliminate potential supply disruptions and ensure consistent supply for the growing demand in the Montney.”
“We are excited about this strategic agreement with AMI Silica and look forward to a long-term business relationship as we service the growing market in the Montney Basin,” added Andrew Moore, President of CRL.
Athabasca Minerals is an integrated industrial minerals company focused on the production, trading and delivery of frac sand to Canada and the U.S.
Athabasca (AMI) opened unchanged, trading at $0.25 per share.