Atlas Iron Limited


April 18, 2014



Atlas Iron Limited Company Summary

 Atlas Iron Limited (ASX:AGO) is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.


David Flanagan B.Sc, MAusIMM
Managing Director
Mr Flanagan is a geologist with extensive experience in mining operations, exploration and project development in Western Australia, Indonesia and West Africa. Graduating in 1993, David joined Resource Service Group (RSG) in 1995 after working for Normandy at the Fimiston Open Pit Operations. Whilst with RSG he was seconded to Gencor's Bogosu operation as Chief Exploration Geologist and under his leadership the exploration team discovered and developed the Chujah deposits
Dr David Smith PhD, B.Sc (Hons)
Non-Executive Director
Dr David Smith was appointed as an independent non-executive Director of Atlas Iron Limited on 6 November 2009. Dave had a career at Rio Tinto spanning 30 years and was until recently Managing Director and President of Rio Tinto’s Simandou iron ore operations in Guinea. Prior to that role Dave was Managing Director of Rio Tinto’s Pilbara Iron unit from 2004 to 2008, responsible for all Rio Tinto’s operations in the Pilbara, and Managing Director of Hamersley Iron from 2001 to 2004. Dave has served as President of the Chamber of Minerals and Energy of Western Australia (2005 to 2008), a Councillor of the Australia Business Arts Foundation (2003 to 2008) and as Chairman of the Board of the National Skills Shortages Strategy working group (2006). Dave holds a PhD in Metallurgy from the University of New South Wales, Australia and a Bachelor of Science (Hons) in Metallurgy from the University of New South Wales, Australia.
David Hannon B.Ec
Non-Executive Director
Mr Hannon commenced his commercial career as a stockbroker in 1985 working with several firms including Jackson Securities and BT Securities. He later became a joint partner of a private investment bank specialising in venture capital with a focus on the mining sector. In 2001 David became a director of PSG Afro Pacific Limited, a subsidiary of a listed South African Bank which further concentrated on the mining sector. Since leaving PSGAPL David has operated a private investment bank, Chifley Investor Group Pty Limited and over the last decade has been a director of many private investment companies specialising in venture capital, property investments and public company investments.
Non-Executive Director
Ms Baker was appointed 13 November 2006. She is Group Chief Executive Officer of IMC Group's wholly owned IMC Resources Group, which is the major shareholder of Atlas Iron Limited. Jyn has more than 20 years experience in the resources and energy sector including law, project finance banking, mergers and acquisitions and more recently as Managing Director of Midwest Corporation. Jyn is currently a director of Horizon Oil Limited, Kairiki Energy Limited and LinQ Capital Limited and a former director of Midwest Corporation Limited and View Resources Limited.






Company Headquarters Level 18, Raine Square 
    300 Murray Street 
    PERTH WA 6000 
    Postal Address: PO Box 7071, CLOISTERS SQUARE PO WA 6850 
Company Telephone +61-8-6228-8000 
Company Fax +61-8-9476-7988  
Company Principal Sector Materials 
Company Principal Industry Mining & Metals 
Company Listed 2004/12/17 
Company Homepage

Key Developments: Atlas Iron Limited
 Atlas Iron Limited (ASX:AGO) Atlas March 2013 Quarterly Activities Report and Reserves Upgrade
APR 17, 2013 08:28 - Article Views: 1,353
During the March 2013 quarter, Atlas Iron Limited (ASX:AGO) announced an increase in its total Pilbara ore reserves of 21% to 499 Mt, further strengthening the company's existing operations, near term development projects and its longer-term growth strategy.
 Atlas Iron Limited (ASX:AGO) Independent Pilbara Rail Study to Progress to Next Stage
APR 5, 2013 17:19 - Article Views: 1,902
Atlas Iron Limited (ASX:AGO) is pleased to announce that the first phase of the rail Alliance study with Aurizon Operations Limited and Brockman Mining Limited (ASX:BCK), has been completed. The study sought to provide a preliminary evaluation of a new, independent, multi-party railway to connect iron ore mines in the East Pilbara to Port Hedland.
 Atlas Iron Limited (ASX:AGO) Atlas Half Yearly Report and Accounts
FEB 26, 2013 08:27 - Article Views: 2,204
In a volatile and sharply weaker iron ore market, Atlas Iron Limited (ASX:AGO) has made a cash surplus from operations of A$70M (2011 - A$164M). During the period, the Company also commenced exports from the Mt Dove mine, started development at the Abydos mine and shipped a record total of 3.34Mt (WMT).
 Atlas Iron Limited (ASX:AGO) Non-Cash Impairment
FEB 20, 2013 08:30 - Article Views: 1,574
Atlas Iron (ASX:AGO) advises that it will book a non-cash impairment of $258M, net of deferred MRRT and income tax, in its accounts for the six months to 31st December 2012. This follows a review of the carrying value of select undeveloped Horizon 1 and 2 exploration project areas and non-core tenements. The impairment is a consequence of the accounting values attributed to these exploration assets arising from the higher price of Atlas shares used as consideration when many of the tenements were acquired (including share price appreciation following the announcement of the transactions) as part of the four mergers and takeovers Atlas completed between 2009 and 2011. This compares to the value ascribed by the market as at 31 December 2012 to these exploration assets.
 Atlas Iron Limited (ASX:AGO) Reserves Increase 21% to 499Mt
FEB 5, 2013 12:47 - Article Views: 1,635
Atlas Iron Limited (ASX:AGO) is pleased to announce that its total Pilbara Ore Reserves have increased by 21% to 499Mt, further strengthening the Company's existing operations, near term development projects and its longer-term growth strategy.
 Atlas Iron Limited (ASX:AGO) Atlas December 2012 Quarterly Activities Report
JAN 25, 2013 08:26 - Article Views: 1,433
Production for the December 2012 Quarter resulted in shipments of 1.75Mt (WMT) including four Atlas Value Fines cargos totalling 373,000t. This reflects a 10% increase on the September 2012 Quarter and is in line with recent guidance for shipped tonnes for first half FY2013.
 Atlas Iron Limited (ASX:AGO) Growth on Track as Horizon 1 Development Projects Progress
JAN 7, 2013 08:27 - Article Views: 1,850
Atlas Iron Limited (ASX:AGO) is pleased to provide an update on key development projects contributing to its near-term Horizon 1 production target of 12Mtpa. In addition to the start of production at the Mt Dove Mine (as announced on Friday), further material progress is being made at its Abydos Mine and Utah Point Yard 2 projects.
 Atlas Iron Limited (ASX:AGO) Production Commences at Mt Dove On Time And On Budget
JAN 4, 2013 10:39 - Article Views: 1,772
Atlas Iron Limited (ASX:AGO) is pleased to announce that production has commenced at its third Pilbara iron ore mine, Mt Dove, located 65km south of Port Hedland in WA, representing a key steppingstone towards achieving its near-term Horizon 1 production target of 12Mtpa.
 Atlas Iron Limited (ASX:AGO) Signs New Offtake Agreements for 2.2MTPA
DEC 14, 2012 12:46 - Article Views: 1,735
Atlas Iron Limited (ASX:AGO) is pleased to announce that it has signed three new term offtake contracts covering ~2.2 million tonnes of iron ore a year. The three contracts, which have durations of 1 to 3 years, were signed with two Chinese steel mills and a major international trading house.
 Atlas Iron Limited (ASX:AGO) Completes USD$325 Million Financing Package
DEC 10, 2012 08:25 - Article Views: 1,719
Atlas Iron Limited (ASX:AGO) is pleased to announce that it has completed the Company's previously-foreshadowed USD$325 million financing package, ensuring Atlas remains firmly on track to meet its Pilbara iron ore production target of 12 million tonnes per annum by December, 2013.


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Company Reports

Atlas Iron Limited (ASX:AGO) Ceasing to be a substantial holder
Atlas Iron Limited (ASX:AGO) Becoming a substantial holder
Atlas Iron Limited (ASX:AGO) Ceasing to be a substantial holder
Atlas Iron Limited (ASX:AGO) Change in substantial holding
Atlas Iron Limited (ASX:AGO) Ceasing to be a substantial holder
Atlas Iron Limited (ASX:AGO) Change in substantial holding
Atlas Iron Limited (ASX:AGO) Change of Share Registry
Atlas Iron Limited (ASX:AGO) Appendix 3Y
Atlas Iron Limited (ASX:AGO) Atlas Investor Presentation on Half Year Results
Atlas Iron Limited (ASX:AGO) Change in substantial holding

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