Atlas Iron has officially opened its Mt Webber iron ore mine in the Pilbara.
This official opening comes six months after mining activity began at the joint venture site, which split between Altura Mining (at 30 per cent) and Atlas Iron (at 70 per cent).
Crushing and screening started last month, whilst haulage operations are slated to begin at the end of the week.
Production is already ramping up at the mine at a rate of 3 million tonnes per annum, with a target of 6 mtpa following the commissioning of the second phase expansion at the end of the year.
Speaking on the operation, which was opened by WA mining minster Bill Marmion, Atlas managing director Ken Brisenden stated that Mt Webber is one of Atlas' lowest cost mine developments, and has a capital efficiency of around $35 per annualised tonne of production.
"These lower capital and operating costs continue to improve our already strong position on the global cost curve, and against our peers in Australia," Brisenden said.
"The low $212 million capital cost of the project includes a substantial contribution towards road upgrades in the region, which benefits all Pilbara road users.
"We are also proud that an infrastructure sharing arrangement with Altura Mining has helped foster another independent producer and unlock what would otherwise be a stranded resource for the benefit of both parties, the community, and the State of Western Australia," he stated.