Atlas Iron Limited
(ASX:AGO) shipped a record 2.22 mega tonnes of iron ore during the June quarter, a 16 per cent increase on the previous quarter despite difficult weather conditions.
The miner shipped a total of 7.4 mega tonnes for the full year, up 25 per cent on last year.
Net cash flows from operating activities totalled $62 million and the company reports $417 million cash on hand.
Managing director Ken Brinsden says the company has maintained a healthy cash balance at a time when it has been investing heavily in the growth of the business.
He says the strong cash flow was a result of the expanding mine portfolio,
Atlas booked a net loss of $256 million in the first half of fiscal 2013.
