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Atlas Iron managing director David Flanagan.

Atlas boosts shipments, cuts costs

Atlas Iron has reported record shipments and lower costs ahead of creditor and shareholder meetings that will vote on a crucial debt-for-equity swap.

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Comments

Perth
Companies with too much debt just cannot survive in a volatile environment. A smart move now for Atlas to restructure the finance, but should be an example for future companies. Cash is King!

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WA export revenue

17th-Sandfire Resources$642.0m
18th↓Cliffs Natural Resources$605.2m
19th-Atlas Iron$468.0m
20th↓Tronox Management$444.0m
21st↓Plum Grove$430.0m
51 exporters ranked by WA export revenue most recent financial year

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