Atlas Iron has received $ 30 million profit

Australian iron ore producer "Atlas Iron Ltd" up to the second half of 2010 net profit of $ 30.1 million dollars according to a materials company. In turn, corporate earnings rose by 400% and reached 201.8 million dollars a year earlier the figure was estimated at 41.7 million dollars should be reminded that the company "Atlas Iron Ltd" in the III quarter of 2010 compared to II quarter increased production of iron ore to 173%, to 774.653 tons. For the previous quarter, as we know, the company produced about 283.114 tons of iron ore. Atlas Iron is also reported that in the III quarter, it has exported 293.485 tons of raw material, which is 78% compared with the previous three months, when foreign supplies were estimated at 164.706 tons. Australia's Atlas Iron is engaged in research and development of iron ore deposits. Atlas began to export iron ore extracted in 2008. It is expected that the export performance of the company by 2012 will grow to 12 million tons. Ministry of Industry