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28 Aug
01:00

Atlas iron sees cash costs fall in July following contractor agreements

Australian mining junior Atlas Iron says that it has made further strong progress in its strategy to cut costs and ramp-up production, thanks largely to the success of its contractor collaboration agreements. The company was commenting on its July performance in a statement reviewed by Kallanish. Full cash costs fell to AUD 55/wet metric ton cfr ($39.39/wmt) (pre-collaborating contractor margin share) in the month of July from AUD 66/wmt cfr in the June quar…
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