Australian
iron ore miner
Atlas Iron has announced that
production will resume at its Mt Webber mine in the Pilbara region of Western
Australia in July this year. The Mt Webber project is expected to produce
iron ore at a rate of 6 million mt per year for a mine life of more than eight years. The project will reach full capacity in the December quarter of the current year.
"We are firmly on track to achieving our key goals of low costs, strong margins and healthy cash flows, backed by a stronger balance sheet that will enable the company to withstand periods of price volatility," said
Atlas Iron managing director Ken Brinsden.