Atlas Iron opens Mt Webber mine

Iron ore junior Atlas Iron has officially opened its Mt Webber mine in Western Australia’s Pilbara region, it said on Wednesday July 16.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The opening followed the start of mining activity in December last year and crushing and screening operations from last month. Haulage operations are expected to start at the end of this week.

Earlier this year, Atlas said the first haulage and shipment from the mine were expected in the June quarter.

Production at Mt Webber is running at a nominal rate of 3 million tpy and is expected to ramp up to 6 million tpy as the second phase of expansion starts by the end of this year, according to the statement.

“Mt Webber was one of the company’s lowest-cost mine developments with outstanding capital efficiency of $35 per annualised tonne of production and very competitive operating costs”, md Ken Brinsden said in the statement.

Atlas shipped a record 10.9 million tonnes of iron ore for the year ended June 30. Volumes were up by 47% year-on year and the company beat its target of 10.7 million tonnes.

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.