Atlas Iron Limited (ASX:AGO) Atlas October 2012 Investor Presentation
Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) (PINK:ATLGF) Announces the October 2012 Investor Presentation with the following highlights:
Record tonnes hauled / shipped in Sept12 Qtr
- Revised guidance up FY13 shipped tonnes, 7.2-7.7Mt (wet)
- Revised guidance down FY13 cash costs, A$46-$50/tonne
(wet FOB)
- US$325M loan facility secured. Fully funded to grow export
rate to 12Mtpa by Dec 2013
View the Presentation here:
http://media.abnnewswire.net/media/en/docs/ASX-AGO-609358.pdf
About Atlas Iron Limited:
Atlas Iron Limited (ASX:AGO) is mining and exporting from its 100%-owned Pardoo and Wodgina Iron Ore projects, located 75 kilometres and 110km by road from Port Hedland in the Pilbara region of Western Australia. In the 2009/10 financial year Atlas shipped over 1.2 million tonnes of Pardoo Direct Shipping Ore (DSO). Atlas is expanding its production from its Wodgina and Pardoo DSO mines following the commissioning of the Utah Point port facility and is targeting exports at an annualised rate of 6 million tonnes by the end of 2010. When combined with additional export tonnages from its Abydos & Mt Webber DSO Projects, the Company is targeting exports at an annualised rate of 12 million tonnes during 2012.
Source:
Atlas Iron Limited
Contact:
Atlas Iron Limited
T: +61-8-6228-8000
F: +61-8-9476-7988
WWW: www.atlasiron.com.au