Atlas Iron Limited: First Ore Trucked Into New Utah Port
03.09.2010 | ABN Newswire
09:30 AEST Sept 3, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX: AGO) is pleased to report that is now delivering ore to the new Utah Port from its two North Pilbara iron ore mines, Wodgina and Pardoo.
Atlas is stockpiling ore at the Utah Point Port Facility which is currently being commissioned, with the first vessel, the 'Bergen Max' due to berth and commence loading Atlas ore on 17 September 2010.
'We are now mining at 5Mtpa (up from 1.2Mtpa previously) and are on track to achieve our objective of a 6Mtpa export rate by Christmas,' Atlas Managing Director David Flanagan said.
'Rapidly growing production, exports and cashflows make it an exciting time for Atlas.'
About Atlas Iron Limited:
Atlas Iron (ASX:AGO) is an emerging producer and active explorer focused on the discovery and development of iron ore projects. With a growing number of high quality iron ore projects and one of the largest landholdings in the Pilbara (8,900km2) located close to infrastructure, the Company has created a successful business by targeting resources and reserves capable of being mined with relatively low capital expenditure.
Contact:
Atlas Iron Limited
David Flanagan, Managing Director
Ken Brinsden, Chief Operating Officer
Tel: +61-8-9476-7900
http://www.atlasiron.com.au