Latest News
Catch up on the latest news and insights from Atlas.
Iron ore price boom expected to send more royalties into WA’s coffers as year end approaches
WA’s budget surplus is climbing towards $4 billion as iron ore stretches its unexpectedly strong run into the last quarter of the financial year, potentially pumping another $800 million into government coffers.
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ATLAS IRON TRUCKS FIRST SANJIV RIDGE IRON ORE
Atlas Iron has hauled its first shipment of iron ore from the Sanjiv Ridge operation in Western Australia ahead of schedule. The first delivery of iron ore to Port Hedland kickstarts the company's annual production target of four to five million tonnes. The shipment was transported using four haul trucks ...
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RESOURCES SECTOR CONTINUES TO LEAD
WA’s booming resources sector reported record sales of $174 billion in 2020, underpinned by a $116b contribution from the State’s thriving iron ore industry .
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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.
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Mine 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.
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RESOURCES 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.
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Iron 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.
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World’s richest woman warns of iron ore crash
Gina Rinehart’s right-hand man is on the hustings with a stark warning:
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Rinehart 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.
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Australia’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.
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Western 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.
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WA’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.
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Australia 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.
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Pilbara 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.
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First 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.
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Pink 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.
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Atlas 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 ...
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