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BRIEF-Atlas Iron says September quarter C1 cash costs A$36/WMT versus A$46/WMT in June quarter

Published 22/10/2015, 12:56 pm
BRIEF-Atlas Iron says September quarter C1 cash costs A$36/WMT versus A$46/WMT in June quarter
AGO
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Oct 21 (Reuters) - Atlas Iron Ltd AGO.AX :

* Atlas Iron September 2015 quarterly report

* September quarter C1 cash costs A$36/WMT versus A$46/WMT in June quarter

* September quarter ore tonnes shipped 3.3 mln WMT versus 1.9 mln WMT in June quarter

* "Combined effect of reduction in costs and increased revenues from lump product is expected to result in improved margins from Mt Webber"

* Sees FY 2016 ore tonnes shipped 14 mln WMT to 15 mln WMT

* Sees FY 2016 C1 cash costs $35/WMT FOB to $38/WMT FOB

Source text for Eikon ID:nASX1vVhKr

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