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22 Nov
10:28

Atlas plans Corunna output in March 2018

Australia’s Atlas Iron says it expects its Corunna Downs mining project to be in production in March 2018. The mine will replace existing capacity at its operations in the Pilbara, extending the mining life of the company long after many analysts expected the firm to bow out of the market, Kallanish notes. Corunna is expected to operate at around 4 million tonnes/year with a C1 cash cost of $42/tonne and a mine life of five or six years. The investment wou…
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