AAP reported that Atlas Iron is on track to produce up to 7.7 million tonnes of iron ore in 2012-13. It is on track to produce up to 7.7 million tonnes of iron ore in 2012 -13 after bringing its third Pilbara iron ore mine into production.
Atlas Iron said that it is on track to produce up to 7.7 million tonnes of iron ore in 2012 - 13 after bringing its third Pilbara iron ore mine into production.
The Perth based iron ore miner said that production had started at its Mt Dove mine, 65 kilometer south of Port Hedland.
Production from Mt Dove was expected to increase Atlas' north Pilbara production rate to 8 million tonnes per annum in the March 2013 quarter.
The company in a statement said that "With the commencement of production and haulage at Mt Dove, Atlas remains on track to export between 7.2 million tonnes and 7.7 million tonnes in the 2013 financial year.''
Mr Ken Brinsden MD of Atlas said that the milestone represented a key stepping stone towards achieving its near term production target of 12 million tonnes per annum.
Mr Brinsden in a statement said that "The company is on target to bring 5 mines into production in 5 years with the addition of the Abydos Mine in June and the first phase of the Mt Webber Mine, subject to board approval, in December 2013.''
Atlas said that Mt Dove had been brought into production on time and within budget.
