November production was more than double the previous record, rising from 50 tonnes to 106t, and came despite a loss of eight days due to maintenance at its furnace.

With the site still ramping up production, Atlantic said Windimurra's electric arc furnace had proven capacity at more than 14t of vanadium a day, and there was a continued expansion across all areas.

It also said it had received approval for continuous shipments of iron fines and lump products,

and preparations were underway for its first shipment of high titanium ore.

The company said its focus was on increasing production on a monthly basis by fine-tuning equipment, maintenance and other procedures.

On the iron ore side, the company said it completed the last four trial shipments in October.

Because of the regulatory process, no shipments were scheduled for November but with the necessary approvals in place the company said it expected the next shipment to be completed this week.

The company said it sold 33,028t of iron ore in October.

Shares in Atlantic were steady at A19c this morning.