Inform
Atlas cease operations, likely for good
This report is currently unavailable
Report summary
On Friday 10th April 2015, Atlas Iron announced it would cease all production and put its three operations into care and maintenance. At that time, the spot price of iron ore was US$48/tonne CFR, at this price we estimate that Atlas was losing around US$8.4/tonne after adjusting for freight, sustaining capital, interest, and its total cash costs.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
19 June 2018
Wodgina iron ore mine
Asset Report
Wodgina iron ore mine
Wodgina is a small, open-cut iron ore mining operation, located in the Pilbara region of Western Australia. Reserves were exhausted in 2017.
$2,25019 June 2018
Corunna Downs iron ore mine
Asset Report
Corunna Downs iron ore mine
Atlas Iron approved the development of Corunna Downs in Feb 2017 with first production expected in the March quarter of 2018.
$2,25009 April 2018
Mineral Resources tops up reserves with Atlas acquisition
Insight
Mineral Resources tops up reserves with Atlas acquisition
Mineral Resources' US$215 million acquisition of Atlas Iron implies a long-term benchmark iron ore fines price of US$55/tonne.
$1,050
Trusted by leading organisations
