[Roy Hill and Atlas Iron to Merge and Form Hancock Iron Ore] Roy Hill and Atlas Iron will merge to form Hancock Iron Ore, with the name change taking effect on July 1. Roy Hill is a major iron ore miner, shipping approximately 64 million mt of steelmaking raw materials to the Asian market annually. Atlas Iron was acquired by Hancock Prospecting in 2018, which helped accelerate the company's growth and profitability. Currently, the company mines and exports approximately 10 million mt of iron ore annually.