Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore miner Atlas Iron on Tuesday flagged further cost savings for 2015, with MD Ken Brinsden saying that the company was demonstrating significant skills and resilience to deal with the volatility in the iron-ore market. The miner had previously targeted cost savings of between A$75-million and A$100-million for the financial year; however, Brinsden has now widened this estimation to between A$90-million and A$120-million by the end of June.
Iron-ore miner Atlas Iron on Tuesday flagged further cost savings for 2015, with MD Ken Brinsden saying that the company was demonstrating significant skills and resilience to deal with the volatility in the iron-ore market. The miner had previously targeted cost savings of between A$75-million and A$100-million for the financial year; however, Brinsden has now widened this estimation to between A$90-million and A$120-million by the end of June.
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