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Atlas posts record quarter as its struggles to stay afloat

Iron-ore miner Atlas Iron on Thursday reported a record quarter of production, with the miner shipping 3.9-million tonnes of ore during the three months to March, a 7% increase on the previous quarter.

Ore mined for the quarter increased by 9% on the previous quarter to 3.82-million tonnes, while ore processed also increased by 6% from 3.4-million tonnes to 3.6-million tonnes during the same period.