18 APRIL 2016http://www.cairnspost.com.au
$40m bauxite mine at Weipa shows promise for 250 jobs next year
Edited by : AL CIRCLE
1 min read
A new $40 million bauxite mine is on track to start production next year with jobs for up to 250 people over the life of the project.
Bauxite Hills, north of Weipa on Western Cape York, has a Direct Shipping Ore resource of 65.3 million tonnes, worth about $3 billion at today’s prices, and a mine life in excess of 13 years.
Metro Mining chief executive Simon Finnis said the Environment Impact Statement had been submitted to the Department of Environment and Heritage Protection, another key milestone. He said it appeared the company was on track to begin mining by September 2017.
“Metro believes final determination of the EIS may be achieved later this year, enabling site construction to start straight after the wet season, and mining operations to commence in September next year,” Mr Finnis said.
In January Metro secured native title and land access agreements with the Ankamuthi people and the Old Mapoon Aboriginal Corporation.
Bauxite Hills, north of Weipa on Western Cape York, has a Direct Shipping Ore resource of 65.3 million tonnes, worth about $3 billion at today’s prices, and a mine life in excess of 13 years.
Metro Mining chief executive Simon Finnis said the Environment Impact Statement had been submitted to the Department of Environment and Heritage Protection, another key milestone. He said it appeared the company was on track to begin mining by September 2017.
“Metro believes final determination of the EIS may be achieved later this year, enabling site construction to start straight after the wet season, and mining operations to commence in September next year,” Mr Finnis said.
In January Metro secured native title and land access agreements with the Ankamuthi people and the Old Mapoon Aboriginal Corporation.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
JNARDDC with NALCO develops high strength ceramic balls from bauxite ore and flyash
Next articleNoranda gets go-ahead for ending its bauxite supply contract with Sherwin Alumina
Grow with
AL Circle
