Atlas Iron has begun delivering ore to the new Utah Port from the Wodgina and Pardoo mines in the North Pilbara.
Atlas Iron has begun delivering ore to the new Utah Port from the Wodgina and Pardoo mines in the North Pilbara.
In a statement, Atlas said it is stockpiling the ore at the Utah Point Port Facility which is being commissioned.
The first vessel is due to berth and start loading Atlas ore later this month.
"We are now mining at 5Mtpa (up from 1.2Mtpa previously) and are on track to achieve our objective of a 6Mtpa export rate by Christmas," Atlas managing director David Flanagan said.
"Rapidly growing production, exports and cashflows make it an exciting time for Atlas."
See statement below:
Atlas Iron Limited (ASX Code: AGO) is pleased to report that is now delivering ore to the new Utah Port from its two North Pilbara iron ore mines, Wodgina and Pardoo.
Atlas is stockpiling ore at the Utah Point Port Facility which is currently being commissioned, with the first vessel, the "Bergen Max" due to berth and commence loading Atlas ore on 17 September 2010.
"We are now mining at 5Mtpa (up from 1.2Mtpa previously) and are on track to achieve our objective of a 6Mtpa export rate by Christmas," Atlas Managing Director David Flanagan said.
"Rapidly growing production, exports and cashflows make it an exciting time for Atlas."
Background Atlas Iron Limited
Atlas Iron Limited is mining and exporting from its 100%-owned Pardoo Iron Ore project, located 75 kilometres 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 working to further expand its production following commissioning of the Utah Point port facility in September 2010. When combined with additional export tonnages from its Wodgina, Abydos & Mt Webber DSO Projects, the Company is targeting exports at an annualised rate of 6 million tonnes by the end of 2010, growing to 12 million tonnes during 2012.
