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Catch up on the latest news and insights from Atlas.
Iron ore boom, strong labour market ease budget woes
Australia is set to reap a budget windfall from booming iron ore prices and a stronger than expected economy and labour market, with a leading economist predicting a massive improvement over the government’s forecasts in its Mid-Year Economic and Fiscal Outlook in December.
Read moreMine export surge holds up economy
A record $296 billion in forecast resources and energy exports this year is turbocharging Australia’s economic rebound from the COVID-19 downturn and will help offset the withdrawal of the federal government’s JobKeeper wage subsidy.
Read moreRESOURCES HIT $296B RECORD
Australia’s resources sector will again break export earnings records this financial year, underpinned by another record high in annual income from WA’s powerhouse iron ore industry.
Read moreIron ore to drive $136bn windfall
Booming iron ore exports on the back of a global economic rebound linked to stimulus measures and supply shortages following the COVID-19 pandemic are expected to drive Australia’s resources and energy exports to a record $136bn.
Read moreWorld’s richest woman warns of iron ore crash
Gina Rinehart’s right-hand man is on the hustings with a stark warning:
Read moreRinehart lieutenant warns MPs to prepare for iron ore price fall
One of Gina Rinehart’s most trusted lieutenants says Australia’s political leaders must looks at ways to reduce cost burdens like payroll tax ahead of an inevitable fall in iron ore prices. Article by Brad Thompson courtesy of the Australian Financial Review.
Read moreAustralia’s economy is more reliant on iron ore than ever
Article by Greg Jericho courtesy of the Guardian: It is great for our economy, but it also means Australia’s economic base has become very narrow.
Read moreWestern Australian’s budget outpaces rest of the world
Western Australia has recorded the best budget performance in the world through the pandemic, underpinned by a boom in mining royalties that have shielded the state’s bottom line from the worst recession in nearly a century.
Read moreWA’s economy best in world during COVID-19 pandemic
WA’s economy has boomed to be the best in the world during the COVID-19 pandemic.
Read moreAustralia posts record $10b trade surplus in January as iron ore exports boom
Australia has posted the biggest monthly trade surplus in history on the back of record iron ore exports, as the economy continued to rack up new markers in its rebound from last year’s deep recession.
Read morePilbara turns pink
FIRST ore has been hauled from Atlas Iron’s Sanjiv Ridge mine on four new trucks painted pink to support breast cancer research.
Read moreFirst Sanjiv Ridge iron ore shipment on its way, Atlas Iron says
Atlas Iron has hauled its first shipment of ore by road to Port Hedland, in Western Australia, from its new Sanjiv Ridge operation in four brand new pink trucks.
Read morePink Truck Parade – First Ore Hauled at Sanjiv Ridge
TUESDAY 23 FEBRUARY 2022 SAW ANOTHER KEY MILESTONE HIT AHEAD OF SCHEDULE BY THE TEAM AT ATLAS IRON.
Read moreAtlas Iron hits Sanjiv Ridge crushing milestone
Article by Salomae Haselgrove courtesy of Australian Mining Atlas Iron's Sanjiv ridge (formerly Corunna Downs) mine Atlas Iron has crushed first direct shipping ore at the Sanjiv Ridge (formerly Corunna Downs) mine in the Pilbara region in Western Australia. The Hancock Prospecting Group-owned company achieved this major milestone ahead of ...
Read moreRinehart in iron ore milestone as Forrest fights Ellison, sand miners
Article by Brad Thompson courtesy of the Australian Financial Review While Andrew Forrest and Chris Ellison squabble in the courts over an iron ore project, Gina Rinehart is quietly running ahead of schedule developing a new mine. The new mine is being developed by Atlas Iron, the company Mrs Rinehart’...
Read moreCRUSHED IT – FIRST ORE AT SANJIV RIDGE
Atlas Iron is pleased to announce that first ore has been crushed at its new mine, Sanjiv Ridge. Read more ...
Read moreTrade surplus reaches ‘historic’ $73bn in 2020 as iron ore sales boom
Australia’s trade surplus reached a record $73bn in 2020, propelled by surging iron ore sales and a slump in demand for imported goods through the COVID-19 crisis.
Read moreIron ore set to deliver $1.5b bonus
Article by Josh Zimmerman courtesy of the West Australian WA is on track to bank nearly $1.5 billion more in iron ore royalties than the McGowan Government predicted just weeks ago – a windfall that would nearly double the State’s forecast surplus to an incredible $3.7 billion. The steel-making commodity has so ...
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