Friday 22 May 2015

Otmane El Rhazi : Western Australia extends helping hand to Atlas

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

The Western Australian government on Friday extended a helping hand to struggling iron-ore miner Atlas, with Mines and Petroleum Minister Bill Marmion announcing that he had extended the government’s royalty assistance programme to the miner. Atlas would receive support in the form of a 50% rebate on eligible haematite iron-ore royalties for up to 12 months, subject to the ore price remaining below an average of A$90/t over the period.

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