Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore miner Atlas Iron on Wednesday told shareholders that its forward sales arrangements were providing the company with a measure of near-term protection against the falling iron-ore price. Currently, some 2.06-million tonnes of production during the September quarter, and 0.4-million of production for the December quarter were subject to some form of price insulation. This equated to about 70% of the targeted production in the September quarter, and 10% of the targeted production in the December quarter.
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