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Atlas Iron (ASX:AGO) reported it has cut its production targets for the financial year because of the impact of Tropical Cyclone Heidi.
Atlas Iron (ASX:AGO) reported it has cut its production targets for the financial year because of the impact of Tropical Cyclone Heidi.
As quoted in the press release:
The Pilbara focused miner on Wednesday reduced its forecast for the amount of iron ore it will ship in the year to June 30 to a range of 5.5 to 5.7 million tonnes (Mt).
That is down from the previous target of six Mt.