CAPITAL MARKETS

Horror loss for Atlas

ATLAS Iron has capped off a tough 2015 financial year with a $A1.4 billion loss, however, managing director David Flanagan remains bullish on the company’s future.

Kristie Batten
Horror loss for Atlas

The company reported an $834 million impairment in the first half of the year and had already warned the market of further write-downs due to the dramatic plunge in the iron ore price. Non-cash asset...

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