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Atlas Iron to take up to AUD 900 million of write-downs in H1 of FY2015

Struggling iron ore junior Atlas Iron has advised it will take up to AUD 900 million of write-downs in the H1 of the 2015 financial year after the slump in commodity prices that has undermined the value of its operations ...

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Atlas Iron shrinks board to cut costs

Atlas Iron has reduced the size of its board and cut pay for the remaining directors to help reduce costs amid weak iron ore prices. Two board members have resigned, and the remaining six have offered to reduce their pay ...

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