Atlas Iron Limited (ASX:AGO) Hits All Key Targets After Shipping 1 Million Tonnes In First 12 Months
Perth, Dec 11, 2009 AEST (ABN Newswire) - Atlas Iron Limited (ASX:AGO) is pleased to announce that it has shipped over 1 million tonnes of iron ore in its maiden year of operations at the Pardoo Direct Shipping Ore (DSO) Project in Western Australia's Pilbara. Atlas has shipped the ore through FMG's Port Hedland port facility.
The strong production performance confirms that Atlas is achieving all of its key production and operating targets as it progressively ramps up iron ore production from its North Pilbara projects.
"This is a fantastic achievement for the Company, particularly when you consider that we started mining in the middle of the global financial crisis in late 2008. I would like to thank Atlas staff, our contractors and FMG," said Atlas Managing Director, David Flanagan.
Atlas has shipped 1,082,912 WMT of iron ore since December 2008 of which 1,020,758 WMT were shipped in the 2009 calendar year.
About Atlas Iron Limited
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.
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