Atlas Iron Limited (ASX:AGO) is set to meet full-year production guidance for the 2014 financial year. The iron ore miner delivered record shipments of 2.73 million tonnes in the March quarter despite inclement weather.
Managing Director Ken Brinsden says the Mt Webber project is progressing well with Stage 1 set to commence haulage in the June quarter, and stage 2 on track to further increase production.
The company is confident about China’s ongoing demand for iron ore, for the long term.
Atlas Iron made a net profit of $73.7 million in the first half of the 2014 financial year.
