11
Jun
01:00
Atlas Iron goes capital raising, switches senior management roles
Australian iron ore junior miner Atlas Iron continues its return from the brink. Having mothballed its Pilbara facilities in April, the miner seemed to be facing a bleak 2015. In a comprehensive turnaround, Atlas now plans to raise capital to strengthen its balance sheet. It has also announced a senior management re-jig.
The Company now is focusing on the next step in its restructuring and growth strategy, it says. This involves a capital raising with the fu…
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Anonymous
Very good overview of the weekly steel market.
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