Perth, Sep 17, 2009 (ABN Newswire) - AUDIO: Atlas Iron Limited (ASX:AGO) MD David Flanagan talks with Brian Carlton about the agreement for Atlas and Warwick to merge, Diggers and Dealers and growth opportunities for Atlas to 2014.
Atlas is an emerging Iron Ore producer with a growing portfolio of resources defined with strong growth potential, a world class Magnetite deposit, and over 8,900km2 of iron ore mineralised tenure within Western Australia.
Atlas exports iron ore from the Pardoo DSO Iron Ore Project, which is approximately 75km from the established public access port of Port Hedland. The company anticipates the commencement of its second operation, at Wodgina 100km south of Port Hedland, in Q1 2010.
The Pardoo Operation is exporting iron ore at 1 million tonnes per annum. With increased production from Pardoo, and commissioning of new mines at Wodgina and Abydos, this is anticipated to grow to 6 million tonnes per annum and then double to 12 million tonnes per annum by 2012.
Contact
David Flanagan
Managing Director
Atlas Iron Limited
Tel: +61-8-9476-7900
Will Burbury
Chairman
Warwick Resources Limited
Tel: +61-8-9227-6680
Atlas is an emerging Iron Ore producer with a growing portfolio of resources defined with strong growth potential, a world class Magnetite deposit, and over 8,900km2 of iron ore mineralised tenure within Western Australia.
Atlas exports iron ore from the Pardoo DSO Iron Ore Project, which is approximately 75km from the established public access port of Port Hedland. The company anticipates the commencement of its second operation, at Wodgina 100km south of Port Hedland, in Q1 2010.
The Pardoo Operation is exporting iron ore at 1 million tonnes per annum. With increased production from Pardoo, and commissioning of new mines at Wodgina and Abydos, this is anticipated to grow to 6 million tonnes per annum and then double to 12 million tonnes per annum by 2012.
Contact
David Flanagan
Managing Director
Atlas Iron Limited
Tel: +61-8-9476-7900
Will Burbury
Chairman
Warwick Resources Limited
Tel: +61-8-9227-6680
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.
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