Monday, January 19, 2009

Atlas Hails Second Iron Ore Shipment

Australian iron ore miner Atlas Iron Limited has announced that its second commercial shipment of iron ore will depart today from Fortescue Metal Group’s Herb Elliot Port in Port Hedland, West Australia.

The iron ore is from the company's Pardoo Project in the Pilbara region and comprises 64,300 tonnes from the Connie deposit.

The shipment will be transported on the Panamax vessel “YM Virtue” to Atlas's customer, a large Chinese steel mill.

The company's managing director, David Flanagan, hailed the shipment as “another important milestone for Atlas in its evolution from explorer to iron ore producer.”

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