Atlas Iron Makes First Iron Ore Shipment Out of Utah Point

Atlas Iron (ASX:AGO) is sending its first shipment of iron ore to the new Utah Point port from its mines at Wodgina and Pardoo in the northwest of Pilbara, Western Australia.

The company has been stockpiling ore at the Utah Point port for the first shipment via the panamax bulk carrier Bergen Max, beginning early this month.

The Atlas Iron Managing Director David Flanagan said that the Utah Point port was central to the company’s plan to increase production to an annual rate of 6 million tonnes by Christmas. By 2012 the company hopes to ramp up the annual production to 12 million tonnes.

Mr Flanagan said that Utah Point is the first truly multi user port in the Pilbara region where miners other than majors can export their products. He said it was a momentous day for Atlas, its shareholders, staff and the Pilbara community in general.

Most of the iron ore exported from Australia heads to Asian nations such as China, Japan, South Korea and Taiwan. Atlas Iron has shipped about 1.2 million tonnes of iron ore via other berths in Port Hedland in the last financial year.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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