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30 JANUARY 2015 AL CIRCLE

Metro Mining shows promise for 2015

2MINS READ
Metro Mining, the new company that has emerged after MetroCoal Ltd acquired Cape Alumina, is all fired up for development in 2015 with the appointment of a new CEO, a new Director and the doubling of the direct shipping ore inferred resource at its Bauxite Hills project.

The combination of the two companies has resulted in the advent of a company that has major bauxite resources, one of Australia’s largest thermal coal resources and the ability to cater to diversified bulk commodities.

The new appointed CEO is expected to fast-track the progress of the company, especially in regard to the Bauxite Hill Project in Western Cape York within the shortest amount of time with the lowest capital costs. Simon Finnis has the capability to carry out the task having considerable experience in feasibility, construction and commissioning of new and brownfield projects.

The company submitted its Quarterly Report on Thursday, showing recent resource work has more than doubled the inferred resource of direct shipping ore at Metro Mining's Bauxite Hills project to 47-million tonnes.

Another new appointment in the company is the Director, Mr. Jijun Liu who is MD of Shandong Xinfa Group Co. a company that is key player in the alumina-aluminium enterprises in China.


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