Australian miner Atlas Iron Limited has announced that it remains on track to sustain exports at a rate of 10 million mt per year by June 2013, following the record shipment of 700,000 wet mt of iron ore in October 2012.
Atlas has also made significant progress towards its longer-term production target of 46 million mt per year, securing environmental approvals for its South East Pilbara mines and associated rail spur development options.
Atlas managing director Ken Brinsden said that the annual shipping rate will go up to 12 million mt per year in December 2013.
In October, Atlas shipped a record 700,000 wet mt of iron ore from its Utah Point facilities, indicating that the miner has the capability to ship at an annual rate of 8.4 million mt per year using existing port capacity at Utah.