Atlas Iron Limited
(ASX:AGO) says it’s on track to produce at the rate of 10 million tonnes per year during the September quarter.
The iron ore miner says it will likely ship 2.2 mega tonnes during the June quarter.
Atlas says it has also made significant progress towards the development of its next mine Mt Webber after receiving final government environmental approvals.
The company says its joint venture negotiations are progressing with its minority partner Altura with plans to refer the project to the board by the end of June.
Development projects at Abydos and Utah Point Yard 2 are also on time and budget, according to the company.
Atlas Iron posted a net loss of $256 million in the first half of fiscal 2013.
