Australian firm Atlantic has signed an agreement to carry out a development study on bauxite exploration in Central Highlands, Vietnam.

The agreement was signed with the Institute of Mining Science & Metallurgy, under the Vietnamese Ministry of Industry and Trade.

The study will help Atlantic undertake a full feasibility study on the mine-rail-port bauxite supply chain solution to form a joint venture to develop and obtain the necessary approvals for the project.

Atlantic has proposed a large-scale bauxite mining operation, which will be developed in stages, and a 260km third-party access heavy haul rail line which will transport mined bauxite from the Central Highlands to the coast.

Global engineering group Hatch will assist Atlantic in undertaking the development study.