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Costs outweigh price of Atlas Iron’s ore

Creamer Media Senior Deputy Editor: Australasia
Takeover target Atlas Iron has faced another tough quarter during the three months to June, with all-in sustaining costs outweighing the price for its ore. Atlas on Thursday told shareholders that C1 cash costs for the period reached A$42/t, up from the A$41/t in the March quarter, while full cash costs remained stagnant at A$62/t.

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