Atlas Iron
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Atlas Iron is an Australian
mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...
company and an iron ore explorer, developer and producer, predominantly active in the
Pilbara The Pilbara () is a large, dry, thinly populated region in the north of Western Australia. It is known for its Aboriginal peoples; its ancient landscapes; the red earth; and its vast mineral deposits, in particular iron ore. It is also a glo ...
region and is owned by Redstone Resources, a fully owned subsidiary of
Hancock Prospecting Hancock Prospecting Pty Ltd is a leading Australian owned mining and agricultural business run by Executive Chairman Gina Rinehart and CEO Garry Korte. At stages of its trading, the company has been known as Hancock Prospecting Ltd, Hancock Reso ...
.Atlas Iron
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
website, accessed: 25 November 2010
The company operates three iron ore mines in
Western Australia Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to th ...
. In 2018 Atlas will expand its operation to start processing
Lithium Lithium (from el, λίθος, lithos, lit=stone) is a chemical element with the symbol Li and atomic number 3. It is a soft, silvery-white alkali metal. Under standard conditions, it is the least dense metal and the least dense solid el ...
in a deal with Pilbara Minerals.


Company history

Atlas was listed on the
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
on the 17 December 2004, under the name of Atlas Gold Limited. On 30 March 2006, the company changed its name to Atlas Iron Limited. The shares were traded under the AGO code. Atlas became Australia's newest iron ore producer when it commenced production at Pardoo in late 2008.Atlas misses out as orders dry up
''
The Age ''The Age'' is a daily newspaper in Melbourne, Australia, that has been published since 1854. Owned and published by Nine Entertainment, ''The Age'' primarily serves Victoria (Australia), Victoria, but copies also sell in Tasmania, the Austral ...
'', published: 21 October 2008, accessed: 24 November 2010
The company plans to lift production from its Pilbara operations to 12 million tonnes of iron ore by 2014. Of these, 10 million tonnes are scheduled to come from the new
Turner River The Turner River is a river in the Pilbara region of Western Australia. Overview The headwaters of the river rise below Pullcunah Hill and flows in a northerly direction and crosses the North West Coastal Highway approximately south of Por ...
hub, which is to blend and process ore from the company's northern Pilbara projects, located at
Wodgina The Wodgina mine is an exhausted iron ore mine located in the Pilbara region of Western Australia, 90 kilometres south of Port Hedland. The mine was operated by Atlas Iron Limited. The facilities and tenements are shared, by contract, with Glo ...
,
Abydos Abydos may refer to: *Abydos, a progressive metal side project of German singer Andy Kuntz * Abydos (Hellespont), an ancient city in Mysia, Asia Minor * Abydos (''Stargate''), name of a fictional planet in the '' Stargate'' science fiction universe ...
and Mt Webber.Atlas Iron lifts exports ahead of schedule
''
The Sydney Morning Herald ''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper ...
'', published: 1 November 2010, accessed: 24 November 2010
In December 2010, Atlas Iron made a bid to buy
Giralia Resources Giralia Station, often referred to as Giralia, is a pastoral lease that operates as a sheep station. It is located about south of Exmouth and north of Carnarvon in the Gascoyne region of Western Australia. The homestead is about from th ...
; it may be possible to merge Atlas' Mt Webber mine with Giralia's nearby Dalton mine. Atlas entered a mine gate sale agreement with Pilbara Minerals to receive direct shipping ore from Pilgangoora in December 2017. In October 2018 Atlas was acquired by Redstone Resources, a fully owned subsidiary of
Hancock Prospecting Hancock Prospecting Pty Ltd is a leading Australian owned mining and agricultural business run by Executive Chairman Gina Rinehart and CEO Garry Korte. At stages of its trading, the company has been known as Hancock Prospecting Ltd, Hancock Reso ...
, and delisted from the Australian Securities Exchange on 21 November 2018.


Mines

As of 2021, the company operates three mines, while four previously operating mines have been shut down because the resources were depleted. The operating mines are the Mt Webber mine,
Sanjiv Ridge mine The Sanjiv Ridge mine, formerly the Corunna Downs mine is an iron ore mine operated by Atlas Iron and located in the Pilbara region of Western Australia, south of Marble Bar and from Port Hedland. Ore from the mine is transported overland vi ...
(formerly Corunna Downs) and
Miralga Creek mine The Miralga Creek mine is an iron ore mine operated by Atlas Iron and located in the Pilbara region of Western Australia, south-east from Port Hedland. Ore from the mine is transported overland via road train to the Utah Point Bulk Commoditie ...
, with the later commencing mining in late February 2022. The formerly operating Pardoo,
Wodgina The Wodgina mine is an exhausted iron ore mine located in the Pilbara region of Western Australia, 90 kilometres south of Port Hedland. The mine was operated by Atlas Iron Limited. The facilities and tenements are shared, by contract, with Glo ...
,
Abydos Abydos may refer to: *Abydos, a progressive metal side project of German singer Andy Kuntz * Abydos (Hellespont), an ancient city in Mysia, Asia Minor * Abydos (''Stargate''), name of a fictional planet in the '' Stargate'' science fiction universe ...
and Mt Dove mines have all been closed down.


References


External links


Atlas Iron Limited website
{{Iron ore railways in the Pilbara Companies formerly listed on the Australian Securities Exchange Mining companies of Australia Companies established in 2004 Iron ore mining companies of Australia Companies based in Western Australia Iron ore mining in Western Australia