Type | Public, ASX: AGO |
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Industry | Resources |
Genre | Mining |
Founded | 2004 (Listed) |
Headquarters | Perth, Australia |
Key people | Geoff Clifford (Chairman of the Board) David Flanagan (Managing Director) |
Products | Iron ore |
Website | www.atlasiron.com.au |
Atlas Iron an Australian mining company and an iron ore explorer, developer and producer, predominantley active in the Pilbara region.[1]
The company operates two iron ore mines in Western Australia, the Pardoo mine, which opened in 2008,[2] and the Wodgina mine, which opened in July 2010.[3]
Atlas was listed on the Australian Securities Exchange on the 17 December 2004,[1] under the name of Atlas Gold Limited. On 30 March 2006, the company changed its name to Atlas Iron Limited.[4]
Atlas became Australias newest iron ore producer when it commenced production at Pardoo in late 2008.[5]
The company plans to lift production from its Pilbara operations to 12 million tonnes of iron ore by 2012, up from 6.5 million tonnes in late 2010. Of these, 10 million tonnes are scheduled to come from the new Turner River hub, which is to blend and process ore from the company's northern Pilbara projects, located at Wodgina, Abydos and Mt Webber.[6]
Atlas is hopeful to come to terms with BHP Billiton in regards to using the company's rail infrastructure, the Goldsworthy railway, in the future. BHP, in late 2010, had agreed to a joint feasibility study into how an arrangement might work.[7]
In December 2010, Atlas Iron made a bid to buy Giralia Resources; it may be possible to merge Atlas' Mt Webber mine with Giralia’s nearby Dalton mine.[8]
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