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+ACY-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-30
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+ADw-u1:PlaceType u2:st+AD0AIg-on+ACIAPg-CAPE+ADw-/u1:PlaceType+AD4- SIZE SHIPMENT OF PARDOO +ADw-u1:State u2:st+AD0AIg-on+ACIAPgA8-u1:place u2:st+AD0AIg-on+ACIAPg-ORE+ADw-/u1:place+AD4APA-/u1:State+AD4-
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style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4-
is pleased to announce that the first cape size shipment of iron ore from its +ADw-span
class+AD0-SpellE+AD4-Pardoo+ADw-/span+AD4- Project in the Pilbara region of Western Australia
completed loading over the weekend at +ADw-span class+AD0-SpellE+AD4-Fortescue+ADw-/span+AD4- Metal
+ADw-span class+AD0-SpellE+AD4-Group?s+ADw-/span+AD4- (FMG) Herb Elliot Port in Port Hedland and
has now departed for China. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4-The shipment, comprising 149,026 wet metric tonnes of iron ore from the
Bobby deposit at +ADw-span class+AD0-SpellE+AD4-Pardoo+ADw-/span+AD4-, represents the first ore
delivered under the long term contract signed in December 2008. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4-Atlas has previously completed two shipments totalling 124,454 wet
metric tonnes of lower grade material from the Connie Channel Iron Deposit
since the commencement of operations at Pardoo in October 2008. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4-?This is another important milestone for Atlas as it represents the
first delivery to our long term customers and the first ore from our higher
grade Bedded Iron deposits at Pardoo,? said Atlas Managing Director, David
Flanagan. ?We look forward to shipping ore to our other three long term
customers over the coming months, with the next cape size vessel expected to
depart in May.? +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
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+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4-Background on Atlas Iron Limited +ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB
style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
0cm+ADs-margin-left:5.65pt+ADs-margin-bottom:.0001pt+ADs-text-align:justify'+AD4APA-span
lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4-Atlas is mining at its 100+ACU--owned Pardoo Iron Ore Project, located +ADw-st1:metricconverter
ProductID+AD0AIg-75 kilometres+ACI- w:st+AD0AIg-on+ACIAPg-75 kilometres+ADw-/st1:metricconverter+AD4- by road
from Port Hedland, in the Pilbara of Western Australia and completed its first
shipment of Pardoo DSO in early December 2008. Atlas is planning to export 1
million tonnes during its first 12 months of operations at the Pardoo Project,
growing to 3 Mtpa following commissioning of the Utah Point port facility. When
combined with additional export tonnages from +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:City u2:st+AD0AIg-on+ACIAPg-Abydos+ADw-/u1:City+AD4APA-/u1:place+AD4-,
the Company is targeting exports at an annualised rate of 6 Mtpa by 2010,
growing to 12 Mtpa by 2012. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
0cm+ADs-margin-left:5.65pt+ADs-margin-bottom:.0001pt+ADs-text-align:justify'+AD4APA-span
lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:
EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4-For
further information please contact +ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB
style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'margin-top:0cm+ADs-margin-right:5.65pt+ADs-margin-bottom:
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style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4-David
Flanagan, Managing Director or +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4-Mark
Hancock ? Chief Financial Officer +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-color:black+ADs-mso-ansi-language:EN-GB'+AD4-08
9476 7900 +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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PRODUCER |
CODE : AGO.AX |
ISIN : AU000000AGO1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Atlas Iron is a iron exploration company based in . Atlas Iron holds various exploration projects in Australia. Its main asset in production is PARDOO in Australia, its main assets in development are WODGINA and RIDLEY MAGNETITE PROJECT in Australia and its main exploration properties are ABYDOS, MT WEBBER and MID WEST IRON in Australia. Atlas Iron is listed in Australia and in Germany. Its market capitalisation is AU$ 416.8 millions as of today (US$ 302.7 millions, € 265.6 millions). Its stock quote reached its highest recent level on July 29, 2011 at AU$ 3.96, and its lowest recent point on June 24, 2016 at AU$ 0.01. Atlas Iron has 9 261 129 728 shares outstanding. |