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Atlas Iron boosts shipments, lowers costs

Iron-ore miner Atlas Iron on Friday reported that December quarter had increased by 10% on the previous quarter, while its full cash costs for the three months fell by 9%.

Atlas shipped 3.6-million tonnes of ore in the December quarter, compared with the 3.3-million tonnes in the September quarter, with full cash costs declining from A$58/t to A$54/t, including all contractor cost clawback and profit share.