Australian mining company Atlas has announced on 7th April that it will raise its iron ore price by 90 percent and there will be strong demand from customers and even potential customers.

According to the statements of the company that Atlas will lift its price since April 1st by about 90 percent as compared to the bench mark price in 2009 which based on the new price agreement for iron ore.

Besides, the Pardoo project has been completed and its annual production of iron ore will rise from 1.2 million tons to 2.4 million tons