Tuesday, 12 May, 2020 - 15:51
Big miners position for project next
The big iron ore miners are thinking about what’s next in the pipeline after projects such as South Flank and Koodaideri.
Atlas Iron engaged in the exploration, mining, and development of iron ore in Australia. The company was involved primarily in mining and exporting direct shipping ore from its operations in the Pardoo and Wodgina iron ore mines that are located in the northern Pilbara region of Western Australia.
In November 2018, Hancock Prospecting completed its acquisition of Atlas.
Rank | Company | # | |
---|---|---|---|
6th | ![]() |
Byrnecut | $2.02bn |
7th | ![]() |
ABN Group | $1.70bn |
8th | - | Atlas Iron | $1.54bn |
9th | - | CFC Group | $1.33bn |
11th | - | Regent Motors | $1.22bn |
Rank | Company | # | |
---|---|---|---|
13th | ![]() |
South32 | $2.35bn |
14th | ![]() |
Shell | $2.17bn |
16th | - | Atlas Iron | $1.38bn |
17th | ![]() |
Tronox | $992.00m |
Rank | Company | # | |
---|---|---|---|
51st | Heytesbury | 175 | |
52nd | Aquatic Leisure Technologies | 170 | |
53rd | Atlas Iron | 170 | |
54th | Avid Resources | 160 |
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NEWS: Tagged in Atlas pushes out Ridley footprint | 24 Jan 2025 |
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NEWS: Tagged in Atlas Iron posts $439m profit | 25 Oct 2024 |
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UPDATED: Private Companies - Large list | 25 Oct 2024 |
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UPDATED: Exporters list | 25 Oct 2024 |
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RANKING: 8 Down from 7 in Private Companies - Large list | 30 Aug 2024 |
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NEWS: Tagged in MACA wins Atlas Iron contract | 22 May 2024 |
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NEWS: Tagged in Rinehart’s Atlas to fund swimming coach | 14 Dec 2023 |
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UPDATED: Private Companies - Large list | 13 Dec 2023 |
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RANKING: 7 Down from 6 in Private Companies - Large list | 12 Dec 2023 |
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NEWS: Tagged in Atlas Iron takes aim at EPA process | 20 Nov 2023 |
The big iron ore miners are thinking about what’s next in the pipeline after projects such as South Flank and Koodaideri.
A report backed by the Pilbara’s big miners has found that iron ore exports are expected to grow modestly over the coming decade, well below the extra port capacity the miners themselves are seeking.
Atlas Iron chief executive Sanjiv Manchanda was among the biggest fundraisers in Australia for this year’s CEO Sleepout, helped by a sizable donation from Atlas' owner, Gina Rinehart.
Mining contractor MACA has secured further work with Atlas Iron under a new $230 million contract for services at the Corunna Downs project in the Pilbara.
Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.
David Flanagan-chaired Coziron Resources has joined several WA stocks looking to develop their iron ore projects.
Gina Rinehart’s Atlas Iron has been given the go-ahead from the state’s environmental authorities to develop a new mine, Miralga Creek, in the Pilbara.
Mining magnate Gina Rinehart has become Australia’s richest person after her net worth jumped 109 per cent to nearly $29 billion.
Gina Rinehart’s Hancock Prospecting has grown its net profit to about $4 billion, while the group’s largest revenue earner repaid its entire debt over the financial year.
Atlas Iron more than doubled its earnings this past financial year to $510 million, helped by increased production and a strong iron ore price.
Hancock Prospecting’s Atlas Iron has taken a major step towards launching its McPhee Creek Iron Ore project, referring the proposal to the EPA this week.
Another iron ore boom has produced a long list of aspiring miners. We dig deep to assess who is likely to make it.
Listed contractor NRW Holdings has secured new work through its Primero business, including on two iron ore projects in Western Australia.
Resources companies hope a decision on Port Hedland’s South West Creek development is imminent, helping unlock higher iron ore exports.
Analysts argue iron ore prices won’t have to fall far to inflict pain.
Hancock Prospecting’s Atlas Iron is progressing plans to expand its Sanjiv Ridge iron ore project, with the EPA reviewing the development of a satellite mine to boost production.
Shares in Legacy Iron Ore were up 36 per cent today after the company struck an earn-in agreement with Gina Rinehart’s Hancock Prospecting.
Hancock Prospecting-owned Atlas Iron is the latest player to reap the benefits of a buoyant iron ore market, posting a $938 million profit for the end of the financial year.
Gina Rinehart’s private company has posted an 80 per cent jump in annual profit to a mammoth $7.3 billion, underscoring her ranking as Australia’s wealthiest person.
Mineral Resources has struck an agreement with Gina Rinehart’s Hancock Prospecting to jointly pursue the development of a new export berth at Port Hedland’s South West Creek.
New data details the expansion of Andrew and Nicola Forrest’s private company, Tattarang. Click through to see our latest ranking and analysis of Western Australia's largest private companies.
Atlas Iron’s Miralga Creek mine has produced its first iron ore, with the project built by a joint venture including Indigenous contractor East West Pilbara.
Behemoths of Western Australia's resources sector will tip $750 million into a new community investment initiative to bankroll a cohort of legacy projects in the state.
Hancock Prospecting subsidiary Atlas Iron has paid a maiden dividend of $225 million despite a big fall in annual profit and plans to invest $700 million in new iron ore projects.
Gina Rinehart has continued to reap big gains from the iron ore sector, with Roy Hill Holdings declaring another large dividend despite a fall in annual profit.
Gina Rinehart’s Hancock Prospecting has fallen short of last year’s mega profit, posting a $5.8 billion bottom line for 2022 as it flags new growth and investment plans.
The chief executives leading Atlas Iron and Roy Hill will be bumped up to new overarching roles within the broader Hancock Prospecting group as it moves on big growth plans for iron ore.
Our updated ranking of WA’s largest and most profitable private companies has a mix of familiar and little-known names.
Senior journalist Matt Mckenzie and Jordan Murray discuss Philip Lowe's show of courage and Bill Johnston's openness to the possible sale of Gold Corporation.
Plans for the multi-billion-dollar Ridley magnetite project have been lodged with the federal environmental regulator.
The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.
Fortescue Metals Group has signed an $18 million agreement with the Nyamal people to provide mining equipment for its Iron Bridge magnetite project.
Gina Rinehart-owned Atlas Iron’s $605 million McPhee Creek iron ore project has taken a leap towards fruition after it received support from the state’s peak environmental body.
Atlas Iron has joined Mineral Resources in pointing to congestion issues at Utah Point as the reason for lower iron ore shipments, while airing grievances about approval delays.
In this podcast, Mark Beyer and Simone Grogan discuss lithium takeover battles; the interest rate outlook; local government elections; and profit results from WA's biggest companies, including ABN Group, Perron Group, Roy Hill and Wright Prospecting.
Gina Rinehart’s Atlas Iron has taken a swipe at the state government’s environmental approval process over conditions for its delayed iron ore project.
Atlas Iron has revealed it will sponsor a high-performance coach at Artistic Swimming WA, on the same day Gina Rinehart was nominated as the first life member of the organisation.
Contractor MACA will provide mining, drill and blast services at Atlas Iron’s Miralga Creek project in the Pilbara, after winning a contract with the iron ore miner.
Gina Rinehart’s Atlas Iron has reported a strong lift in both revenue and net profit but continues to be frustrated by slow approvals for its planned mine projects.
The state’s Environmental Protection Authority has signed off on a request by Gina Rinehart’s Atlas Iron to amend the proposal for its Ridley magnetite mine, expanding the project footprint.
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Atlas Iron is included in 2 lists - Private Companies - Large and Exporters.