Western Australian miner Atlas Iron Limited
(ASX:AGO) has increased its shipments by 25 per cent in the June quarter.
Atlas says it shipped 1.5 million tonnes during the second quarter which is a 25 per cent rise from the previous three months and in line with its market guidance.
The iron ore miner says it’s on track to double production by the end of the year.
Separately, the company announced 70 per cent increases in Pilbara ore reserves since it acquired emerging iron ore developer FerrAus in the December quarter last year.
In the first half of the 2012 financial year Atlas Iron booked a net profit of $6 million.
