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24 Jan
10:21

Atlas Iron hopes to extend bountiful fourth quarter

Australia’s Atlas Iron is optimistic it can continue to boost its cash position on the back of a strong performance in the December quarter, according to its latest performance review. Prices increased faster than costs and it says it has hedged much of its output for the current quarter, Kallanish notes. The miner shipped 4 million wet metric tons of ore in the last quarter 2016, down from 4.1m wmt the previous quarter. The company’s C1 cash costs r…
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