AGO 0.00% 4.5¢ atlas iron limited

ago unaffected by cyclone

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    Atlas Iron unaffected by Laurence

    Atlas Iron Ltd says its flagship project in Western Australia's Pilbara region has been unaffected by tropical cyclone Laurence.

    There were fears Atlas' main iron ore project at Pardoo could have been damaged when Laurence battered the region overnight.

    Atlas resource development manager Tony Cormack said the project had received minimal rain.

    "The operation is essentially unaffected and re-mobilisation of all personnel from Port Hedland will commence as soon as reasonably possible," Mr Cormack said.

    The Bureau of Meteorology advised people in Pardoo that wind dangers from the cyclone had passed.

    Laurence hit the Western Australia coastline at 1700 local time (2000 AEDT) on Monday as a category five storm, the most severe grade.

    The cyclone had wind speeds estimated at 285km/h at its centre when it crossed the coast, but became less severe during the night.

    Atlas' Pardoo project is about 75km east of Port Hedland.

    At 1506 AEDT shares in Atlas Iron were up 0.5 cents at $1.795.
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