Nov 4 (Reuters) - Atrum Coal Nl ATU.AX :
* Forms sales joint venture with Atlantic Carbon Group
* ACG will provide 250,000t at cost price plus an administration fee agreed by both parties
* Agreed to form an unincorporated joint venture with Atlantic Carbon Group
* JV to market and sell anthracite from ACG operations
* Profits from sales from sales joint venture will be spilt 60% to atrum and 40% to ACG
* If Atrum achieves sales of 200,000t by 31 december 2017, ACG will extend sales joint venture by another four years
* Expect anthracite prices in Europe to move strongly upward in next quarter Source text for Eikon: ID:nASXQcJ6D Further company coverage: ATU.AX