Tuesday 20 January 2015

Otmane El Rhazi : Atlas continues cost-saving measures to keep head above water

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Iron-ore miner Atlas Iron reported on Tuesday that its cost-cutting measures were continuing to deliver results, with the company reducing its all-in cash costs from A$69/t to A$66/t during the three months to December. Atlas previously announced plans to cut between A$65-million and A$90-million a year in capital costs through a range of initiatives, including productivity improvements at its operating mines in the Pilbara.

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