Atlas Iron Limited
(ASX:AGO) says it’s on track for a very strong full year result, describing its first half performance as outstanding.
The iron ore miner shipped a record 5.1 million tonnes in the first half, a period of solid pricing for the commodity.
Managing director Ken Brinsden says Atlas has achieved a record operating cash flow for the six months to December 31, with a maintained focus on cost control.
Atlas has increased its full year production guidance to between 10.2 million and 10.7 million tonnes shipped.
Atlas booked a net loss of $245 million in fiscal 2013.
