Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
08 FEBRUARY 2017 AL CIRCLE

Metro Mining officially acquires full ownership of Gulf Alumina

EDITED BY : HEENA IQBAL 1MINS READ

Australia’s Metro Mining announced today that the company has acquired Gulf Alumina Ltd, taking full ownership of the company that it did not own previously. The company will proceed to combine Gulf’s Skardon River project tenements with its own Bauxite Hills mine.

news

{alcircleadd}

Metro Mining will incorporate the use of Gulf’s existing infrastructure into the bankable feasibility study. Bankable feasibility study is likely to complete in the coming weeks.

Metro offered Gulf 62c in cash, or 52c in cash plus one share in Metro, for each Gulf share held and ASX approved the takeover after considering the renewed offer.

{googleAdsense}

Metro Mining’s Bauxite Hills mineral reserve has now stands at 96.5-million tonnes after adding the Skardon River project with direct shipping ore resources estimated at 128.8-million tonnes. 


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.