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Atrum acquires Elan Coal

Metallurgical coal explorer and developer Atrum Coal (AU:ATU) has agreed to increase its interest in Elan Coal to 100% due to renewed growth in the hard coking coal market.

Atrum acquires Elan Coal Atrum acquires Elan Coal Atrum acquires Elan Coal Atrum acquires Elan Coal Atrum acquires Elan Coal

Trenches intersecting large coal seams at surface have been identified at the Elan project

Its subsidiary Kuro Coal first entered into a joint venture with Elan Coal for up to 70% of the Elan coking coal project in Alberta, Canada in September 2014.