Wet weather conditions has seen iron-ore miner Atlas Iron ship less tonnes during the three months to March, while C1 cash costs increased from A$34/t to A$36/t, compared with the previous corresponding period.
The volume of ore shipped during the March quarter declined from the 4-million tonnes shipped at the end of the December quarter, to 3.2-million tonnes, with wet weather and the expected decline at the Wodgina mine, as it approached the end of its mine life, resulting in lower production.