We are here for your questions anytime 24/7, welcome your consultation.
Get Price
A flood of lowcost iron ore is driving tiny Australian miner Atlas Iron to its breakeven point underscoring the pain inflicted by a rampup in output by megaproducers Rio Tinto and BHP is high on analysts collateral damage lists as BHP and Rio Tinto chase a larger slice of the 13Btpa global iron ore market
A flood of lowcost iron ore is driving tiny Australian miner Atlas Iron to its breakeven point underscoring the pain inflicted by a rampup in output by megaproducers Rio Tinto and BHP is high on analysts collateral damage lists as BHP and Rio Tinto chase a larger slice of the 13Btpa global iron ore market
Read More
Atlas Iron will shut down all of its Pilbara iron ore mines by the end of the month and up to 575 jobs could go after the slumping iron ore price claimed its biggest casualty yet
Read More
The End Atlas Iron to Close Mining Operations This is the end for Australian iron ore mining company Atlas Iron The junior miner announced it will progressively suspend production at its Pilbara mine sites over the next few weeks after it was unable to keep up with plunging iron ore prices
Read More
Apr 11 2018 Iron ore juniors Mineral Resources and Atlas Iron have announced a merger deal as a wider discount on lowergrade iron ores continues to hurt each miners bottom line The board of Atlas on April 9 recommended its shareholders approve a transaction by which they will receive 1 Mineral Resources share for every 571 Atlas shares they own
Read More
Atlas Iron has shelved its 53 million Corunna Downs iron ore mine development with the project falling victim to the latest downturn in iron ore prices
Read More
Mar 06 2015 The threat of such a move had pushed down prices in a range of commodities including copper and iron ore in recent days The reality of the growth target cut gave prices another sharp jolt
Read More
Jan 15 2017 That Atlas Iron could be in a net cash position within a few months is staggering It was only in April 2015 that the crashing iron ore price forced the debtladen iron ore
Read More
Haulage group McAleese which trucks iron ore from Atlass mines to Utah Point at Port Hedland said on Sunday that it would continue operating until the end of April but its services would then
Read More
Auditors for troubled iron ore miner Atlas Iron have warned there is significant doubt about Atlas ability to continue as a going concern Atlas Iron and BC Iron post losses on weak iron prices
Read More
Jul 20 2014 Atlas Iron has officially opened the Mt Webber mine in Pilbara of Western Australia The iron ore mine is the companys fifth in the region Production at the Mt Webber mine is already producing iron ore at a rate of three million tons per year and the company expects to reach six million tons following the commissioning of the second phase expansion at the end of the year
Read More
Jul 12 2018 Atlas iron ore shipments increased slightly in the June quarter to 21 million tonnes up from 2 million tonnes in the March quarter and the company did meet its full year guidance with
Read More
Jul 13 2018 Takeover target Atlas Iron continued to haemorrhage cash in the June quarter again losing 3 on each of the 21 million tonnes of iron ore it shipped The lossmaking junior iron ore miner revealed yesterday it had realised an average price of 59t for its lowgrade ore against 62t in costs
Read More
Prices for Australian iron ore are sluggish hovering around 60 per ton and Atlas ores are said to be of relatively low quality Hancock may end up owning Atlas but it will have to be clever
Read More
Apr 27 2016 Australias Atlas Iron Ltd averted collapse on Wednesday after shareholders approved a debtforequity swap that will hand 70 percent of the company to creditors amid a recovery in iron ore
Read More
Dec 04 2014 Under pressure The iron ore price slump has put the squeeze on smaller miners such as Atlas Credit Bloomberg Managing director Ken Brinsden said
Read More
Contractors working on Atlas Irons Pilbara iron ore projects are facing hundreds of job losses as they prepare for their crushing transportation and catering services to be suspended over the
Read More
Pilbara miner Atlas Iron suspended production at all its mines back in April 2015 as the iron ore price dropped below its cost of production It slashed costs by laying off staff and was bailed
Read More
MACA is to upgrade an existing public road and develop access road at the Corunna Downs iron ore project following a contract award from Atlas Iron The project 33 km south of Marble Bar in the Pilbara region of Western Australia will see Atlas develop five open pits using conventional drill and blast and load and haul methods
Read More
Atlas Iron has blamed low commodity prices and the high Australian dollar for its full year loss of 1146 million but says its still bullish on the future of iron ore mining August 28 2012
Read More
4 March 2015 Quarterly Report Corporate On 7 April 2015 the Company requested a voluntary suspension in the trading of its shares pending the outcome of an extensive review of the Companys operations financial outlook asset sale opportunities and capital structure in light of a rapid fall in the iron ore
Read More
The Pilbara in WA is again gaining the attention of many mining job seekers as more iron ore mining companies expand their iron ore mining operations Atlas Iron has announced further expansion plans for further development of its Stage 2 Project FIFO jobs on the rise
Read More
Apr 10 2015 Chinas tiny slowdown just killed Atlas Iron Alex Heber the margin pressures continue to squeeze major players Atlass margins have been crushed by the plunging iron ore
Read More
Atlas Iron suspends production amid iron ore price rout Australian junior miner Atlas Iron looks set to become the latest victim of crashing iron ore prices after it announced a progressive shut down of its mining operations followed by a halt in exports
Read More
Jan 06 2017 Atlas Irons new managing director Cliff Lawrenson will start at the company this month Credit Michael WilsonThe West Australian And in other positive news for the company its new managing director and chief executive former FerrAus boss Cliff Lawrenson is expected to start on Monday January 16 instead of Wednesday February 1 as previously advised
Read More
Atlas remains on track to export 910Mt of iron ore this financial year and has mine gate sales deals with Pilbara Minerals and Horseshoe Manganese to ship lithium direct shipping ore and
Read More
BGC Contracting has secured a contract extension with Atlas Iron at the Mt Webber iron ore project in Western Australia Atlas has extended BGC Contractings existing mining contract to June 2022
Read More
Atlas Iron is proceeding with development of the Mount Webber iron ore project 230 km via road southsoutheast of Port Hedland Western Australia The direct shipping ore project spans property owned by Atlas 70 and Altura Mining 30 and an adjoining northern tenement owned 100 by Atlas
Read More
Iron ore miner Atlas has reversed its decision to mothball all of its operations temporarily at least Three weeks ago the miner announced production would cease by the end of April at all three
Read MoreAny of your enquiry will be highly appreciated.
CONTACT US
