Atlas appoints new chairman in line with growth project

Australia-based miner Atlas Iron Limited has announced that it has appointed David Flanagan as executive chairman and Ken Brinsden as managing director in line with its production growth project.
 
Atlas is planning to increase its iron ore output from 6 million mt per year to 46 million mt per year by 2017, allowing the company to remain as the fourth largest iron ore producer in Australia after Fortescue, which plans to ramp up its production to 155 million mt per year by 2013.
 
As a part of its growth project, Atlas will build new mines, operate several production sources and also contribute to the construction of a new railway network in the iron ore-rich Pilbara region of Western Australia.