Bloomberg News

Atlas Sees Spot Iron Ore Trading in $120-$170/Ton Range in 2012

November 23, 2011

Nov. 23 (Bloomberg) -- Atlas Iron Ltd. Chief Executive Officer David Flanagan said he sees iron ore prices staying in a range of between $120 and $170 a metric ton during 2012 as demand from Chinese steelmakers remains buoyant. Flanagan made the comments in an interview at his company’s Wodgina mine site in Western Australia’s Pilbara region today.

To contact the reporter on this story: Jason Scott in Perth at jscott14@bloomberg.net

To contact the editor responsible for this story: Victoria Batchelor at vbatchelor@bloomberg.net


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