Atlas breaks shipping record in August
PERTH (miningweekly.com) – Iron-ore miner Atlas Iron has set shipping records during the month of August, shipping 960 000 t from its Pilbara operations.
The shipping record was supported by record production across the company’s mining, processing and hauling operations, with combined production achieving a sustained rate of ten-million tonnes a year, or greater.
“Atlas has commenced five mines in five years and has a track record of delivering production growth in the Pilbara. In the process, we are delivering strong operating cash flows,” said MD Ken Brinsden.
He noted that mine production expansions and port developments were on track to achieve the company’s near-term objective of sustaining production at ten-million tonnes a year, adding that substantial progress had been made across its suit of development projects. This included first production from the Abydos mine, the start of construction at the Mount Webber mine, and the wet commissioning of the additional port stockyard and ship-loading capacity at Utah Point.
“Atlas has both a successful operating business today and significant growth options for tomorrow. Our existing and future port allocations, combined with a substantial Pilbara resource and reserve base ensures Atlas offers outstanding leverage to strength in the iron-ore price.”
Direct shipping ore at the Abydos mine would ramp-up over the coming months to between two-million and three-million tonnes a year, and the company was targeting an extended mine life of between seven and ten years with further exploration and conversion of existing resources.
Brinsden noted that the company was on track to ship between 2.3-million and 2.4-million tonnes during the September quarter.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.
VISIT SHOWROOM
ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
