Metro Mining has flagged “historically high” freight costs for shipping its bauxite product, which the company anticipates will negatively impact prices.
Metro Mining will recommence operations at the Bauxite Hills mine in Queensland following an early shutdown for the wet season in September 2020.
Metro Mining has moved into its planned wet season shutdown at the Bauxite Hills mine in Queensland earlier than usual.
Metro Mining expects to put back its planned $51.4 million Bauxite Hills expansion amid market uncertainties sparked by the COVID-19.
Metro Mining’s first ship for 2020 has arrived for loading at Skardon River in Queensland as part of Xinfa Group’s two million tonne purchase this year.
The Queensland government has agreed to Metro Mining’s $47.5 million Northern Australia Infrastructure Facility (NAIF) loan facility for the Bauxite Hills mine in Queensland.
Metro Mining has recommenced operations at the Bauxite Hills mine in Queensland, with the addition of a night shift crew coming onboard this week.
Metro Mining is set to recommence mining and shipping in April, with an estimated one million tonnes of bauxite to be produced and shipped by the end of June.
Metro Mining is set to reduce activity at the Bauxite Hills mine in Far North Queensland over the next three months.
Metro Mining is on track to achieve its production guidance at the Bauxite Hills project in Far North Queensland this year.
As production ramps up at Metro Mining’s Bauxite Hills mine on the western edge of Cape York, Scania’s mine trucks are pulling more than their weight getting the bauxite to port.
The Northern Australia Infrastructure Facility (NAIF) has offered Metro Mining a loan facility for stage two of the Bauxite Hills expansion project in Far North Queensland.d.
Metro Mining has updated its reserve at the Bauxite Hills mine, resulting in a significant upgrade to the company’s alumina and silica output.
Metro Mining has recommenced operations at its Bauxite Hills mine, having completed activities relating to expanding production in 2019.
Rio Tinto’s $2.6 billion Amrun mine in Queensland is cementing Australia’s standing as the world’s top producer of bauxite.
Metro Mining’s Bauxite Hills mine north of Weipa is back in operation after a planned hiatus during the wet season in Far North Queensland.
Metro Mining has shipped one million tonnes (Mt) of bauxite from its Bauxite Hills mine north of Weipa on Western Cape York, five months since the commencement of mining operations.
Metro Mining is speeding through 2018 with a series of success – its Bauxite Hills mine has seen a strong first quarter of production, ramping up to realising a targeted production of 2 million tonnes per annum (Mtpa) in 2018 with two more offtake agreements.
Metro Mining’s equity raising effort has led to an oversubscribed institutional placement, increasing its initial equity raising ambitions of $15 million up to $17.5 million.
Metro Mining has announced its first shipment from the Bauxite Hills mine in Queensland to China. The 62,000t shipment is to be delivered from the Bauxite Hills mine (around 95km north of Weipa in Queensland) to Shandong, China via the Hong Kong cargo vessel Spring Oasis.