Atlas Iron Limited
(ASX:AGO) has reaffirmed its outlook for record shipments in the March quarter.
The Pilbara iron ore miner says it’s on track to achieve shipping guidance of 7.4 million tonnes for 2013.
Atlas Managing Director Ken Brinsden says the company is benefiting from strong iron ore prices and a continued effort to keep costs down.
Mr Brinsden says the attractive outlook is underpinned by low debt, a strong cash position and a host of options for realising the value of its Horizon 2 assets.
Atlas Iron extended its net loss to $256 million in the first half of the 2013 financial year.
