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PrintSYDNEY, Oct 20 (Reuters) - Australia's Atlas Iron Ltd will sell an initial 65,000 tonnes of iron from a new mine on the spot market in China as it awaits signing of long term supply contracts, its managing director said on Monday.
"We expect to make the shipment of around 65,000 tonnes between Nov. 28 and Dec. 7," David Flanagan told Reuters.
Flanagan warned earlier on Monday that demand for iron ore had fallen in the last few weeks as the U.S. financial crisis swept across global markets.
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