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Atlas Iron

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Atlas Iron Limited
Company typePublic
ASX: AGO
IndustryResources
GenreMining
PredecessorAtlas Gold Limited
Founded2004 (Listed)
FounderDavid Flanagan
Defunct2002
Headquarters
Perth
,
Australia
Key people
Cliff Lawrenson (managing director)
Products
Number of employees
Approx 600 people
Websitewww.atlasiron.com.au

Atlas Iron is an Australian mining company and an iron ore explorer, developer and producer, predominantly active in the Pilbara region.[1] The company operates three iron ore mines in Western Australia.[2] In 2018 Atlas will expand its operation to start processing Lithium in a deal with Pilbara Minerals.[3]

Company history

Atlas was listed on the Australian Securities Exchange on the 17 December 2004,[1] under the name of Atlas Gold Limited. On 30 March 2006, the company changed its name to Atlas Iron Limited.[4]

Atlas became Australia's newest iron ore producer when it commenced production at Pardoo in late 2008.[5]

The company plans to lift production from its Pilbara operations to 12 million tonnes of iron ore by 2014. Of these, 10 million tonnes are scheduled to come from the new Turner River hub, which is to blend and process ore from the company's northern Pilbara projects, located at Wodgina, Abydos and Mt Webber.[6]

In December 2010, Atlas Iron made a bid to buy Giralia Resources; it may be possible to merge Atlas' Mt Webber mine with Giralia's nearby Dalton mine.[7]

Atlas entered a mine gate sale agreement with Pilbara Minerals to receive direct shipping ore from Pilgangoora in December 2017.[8]

References

  1. ^ a b Atlas Iron Australian Securities Exchange website, accessed: 25 November 2010
  2. ^ http://www.atlasiron.com.au/irm/content/default.aspx Atlas Iron website, accessed: 25 March 2014
  3. ^ http://www.atlasiron.com.au/site/PDF/8264_1/PLSPilbaraSignsDSOMineGateSaleAgreement"
  4. ^ ATLAS IRON LIMITED (AGO) delisted.com.au, accessed: 25 November 2010
  5. ^ Atlas misses out as orders dry up The Age, published: 21 October 2008, accessed: 24 November 2010
  6. ^ Atlas Iron lifts exports ahead of schedule The Sydney Morning Herald, published: 1 November 2010, accessed: 24 November 2010
  7. ^ "Mining Journal – Atlas Iron makes US$825m bid for Giralia". Archived from the original on 2012-03-04. Retrieved 2010-12-21.
  8. ^ "http://www.atlasiron.com.au/site/PDF/8264_1/PLSPilbaraSignsDSOMineGateSaleAgreement" retrieved 29/12/2017
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