IRONED OUT

摘要

To see Atlas Iron forced to suspend operations is not pleasant but also not unexpected. That it is just the latest in a series of iron ore producers forced to the wall by low iron ore prices is also no surprise. Atlas faced a couple of key difficulties. It had low grade iron ore product and was relying on trucks to get its product to port. Iron ore is a logistics game. Those with the train sets rule. It is about getting that product onto the ship and off to the customer as quickly and efficiently as possible. How can a triple trailer truck compete with a 2km long train? Put simply, it can't.