Atlas Iron founder and managing director David Flanagan has resigned from the company after returning to the top job to steer the business through a downturn in iron ore prices.
Mr Flanagan returned to the helm of the company just more than a year ago as it mothballed its Pilbara iron ore operations amid tumbling iron ore prices.
He steered the company through a capital raising and negotiated a unique profit-sharing arrangement with suppliers and contractors, which enabled Atlas to bring its mines back into production.
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