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ATLAS IRON LIMITED

ASX: AGO

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Atlas Iron is a dynamic iron ore producer, with a number of key projects strategically located within 150 km of the port of Port Hedland in Western Australia.





North Pilbara DSO Projects

Since listing on the ASX in 2004, Atlas has established a competitive advantage in the iron ore sector by gaining a strategic landholding in under-explored regions of the North Pilbara. These exploration tenements, which had long been ignored by the majors, have so far resulted in the discovery of four key Direct Shipping Ore (DSO) iron ore projects within a 150km radius of Port Hedland.

The strategic value of these projects cannot be underestimated. Their proximity to Australia's largest port has enabled Atlas to commence production quickly at a very low capital cost, without the infrastructure barriers faced by potential producers with orebodies further inland. The first operation, Pardoo, shipped its first parcel of ore to China just eight weeks after mining commenced, and continues to successfully deliver ore to port using covered road trains. Similarly, Wodgina commenced production in July 2010, with first ore mined just 18 months after the first exploration hole was drilled.

Mine For

iron ore, aluminium, titanium, vanadium, gold, platinum, manganese,

Location of operation(s)

Western Australia

Address

Level 18, Raine Square 300 Murray Street
PERTH, WA. 6000, AUSTRALIA

Phone

+61 (0) 8 6228 8000

Email

Website


Last Updated

3/5/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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