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3rd October 2008
PARDOO RECIEVES ENVIRONMENTAL APPROVAL
Atlas Iron Limited (ASX Code: AGO) is pleased to announce that the company has now received
final environmental approval from the Minister for Environment, for the Pardoo DSO Project. Atlas
owns the Pardoo Iron Ore Project 100% located 75 kilometres by road from the port of Port
Hedland, in the Pilbara of Western Australia.
“We are very happy. The entire team have done a great job. Every employee, consultant or
contractor associated with the project has made a significant contribution and they are all to be
congratulated.” commented Atlas Managing Director, David Flanagan.
“Atlas is the first company to take advantage of third party port and rail infrastructure access in the
history of mining in the Pilbara. We look forward to working with the Western Australian State
Government, other members of the North West Iron Ore Alliance and the iron ore majors to ensure
there are many more to come.”
Iron Ore operations have existed in the traditional country of the Ngarla Indigenous people for more
than 40 years. The commencement of the Pardoo Mining Operation represents the first time they
have been engaged with as a real stakeholder in an iron ore mine. This is a significant milestone
for Traditional Owners in the Pilbara and we hope to achieve similar levels of engagement with
other groups as we commission additional mining operations.
Atlas would like to acknowledge the incoming WA State Government, including Hon Kim Hames
Deputy Premier and Minister for Aboriginal Affairs, Hon Norman Moore, Minister for Mines, the Hon
Donna Faragher, Minister for Environment and for their assistance in facilitating final approval for
the Pardoo Iron Ore Project. We look forward to working further with the Government as we
advance the upgrade of the Pardoo Project to 3MTPA the initial approval for the Abydos project to
operate at 3MTPA, both due late this year.
Off take agreements are at a very mature stage. Atlas’ iron ore marketing team is currently working
to finalise off take agreements and we expect to disclose those arrangements very shortly.
For further information please contact
David Flanagan, Managing Director
Tel: (08) 9476 7900
Ken Brinsden, Operations Manager Mark Hancock, Chief Financial Officer
Tel: (08) 9476 7900 Tel: (08) 9476 7900