Metro Mining has reported record quarterly bauxite shipments for the three months ended June 30, 2026, despite operational disruptions caused by Tropical Cyclone Narelle and the temporary dry-docking of its Offshore Floating Terminal (OFT) Ikamba. The company shipped 1.8 million wet metric tonnes...
Australia-based bauxite producer Metro Mining closed June 2026 with a sharp month-on-month increase in shipments from its Bauxite Hills Mine in North Queensland, while higher quarterly volumes and a substantial rise in waste stripping marked the company’s second-quarter operational performance. The...
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Metro Mining Limited has signed two new Binding Offtake Agreements with China’s Xinfa Group for a total 7 million dry metric tonne (DMT) of bauxite, aligning with Metro’s Stage 2 expansion plans. The new deal is likelyt to start next year. Metro Mining Managing Director and CEO Simon Finnis said:...
The Australian exploration and mining company based in Brisbane, Queensland, Metro Mining Limited with its flagship project, the Bauxite Hills Mine is restructuring its boards, which includes the appointment of Douglas Ritchie and Simon Wensley as non-executive directors. Following the...
Metro Mining Limited has announced the resignation of its Chief Financial Officer and Joint Company Secretary Duane Woodbury. He will work with the Board and CEO to achieve an orderly transition. Metro Managing Director and CEO Simon Finnis said, “On behalf of the Board I would like to sincerely...
Metro Mining reported sharp increase in Ocean Freight costs across all vessel classes in the first quarter of 2021.The increase was due to new and longer shipping routes caused by changing Chinese buying patterns, stronger commodity prices, limited new vessel builds during 2020 with the uncertainty...
Metro Mining Limited has shown confidence about 2021 as its production has resumed at Bauxite Hills Mine after the northern Australia wet season. Metro Mining managing director Simon Finniss said that after a tricky 2020 when the bauxite markets experienced a dent due to the COVID-19 pandemic, we...
Metro Mining Limited will restart operations at Bauxite Hills Mine after the northern Australia wet season. Operations are planned to resume on 19 April. The company aims to mine and ship 4.0M wet metric tonnes (WMT) of bauxite between April and December. Negotiations for additional sales are...
Metro Mining is projecting a positive year ahead with sales expected to progress, including 2.3 million tonnes under an offtake agreement with Xinfa. The company is also satisfactorily placed in terms of financial position for 2021, led by the robust bauxite deliveries during the June and September...
According to a report on Thursday, January 14, Metro Mining is planning to recommence its operations at the Bauxite Hills mine project, which was shut for the wet season from mid-September 2020. The operation is expected to resume in April 2021 for deliveries restarting under the existing 7 million...
Metro Mining reported production and shipping results for September quarter 2020. The company produced 1.062 million wet metric tonnes (WMT) of bauxite in September quarter, down from 1.419 million tonnes in June quarter. The year-to-date production came in at 2.481 million tonnes. The shipments...
Even amidst the slowdown in mining activities at the Bauxite Hills Mine, Queensland, in the wake of the COVID-19 pandemic, Metro Mining Limited has not witnessed any dive in its shipments. Rather the company’s shipments have continued to grow, having August shipping rates returned to the levels...
Metro Mining Limited has announced that it is moving into the planned 2020 wet season shutdown earlier than usual. The decision has been made given the ongoing pandemic of COVID-19 which continues to have an adverse impact on the market demand and price in the aluminium industry. Mining at the...
Metro Mining provides production and shipping results for July 2020. The company’s July mining was slightly ahead of budget and in line with performance achieved year to date. Metro Mining produced 501,000 wet metric tonnes (WMT) of bauxite in July, down from 505,000 tonnes in June. The...
Metro Mining planned to shutdown Bauxite Hills mine for wet season if further sales cannot be concluded in the next month. The company has not sold bauxite for 2020 outside the foundation Xinfa contract. “Negotiations with refineries continue to advance, however no further bauxite has been sold for...
Metro Mining published production and shipping results for the June quarter 2020. The company achieved a record shipping month in June with a total of 536,454WMT (wet metric tonnes) loaded onto Ocean Going Vessels. Metro has exceeded the upper end of June quarter guidance by 150,688WMT (14%). Metro...
Metro Mining Ltd continues to watch closely the market situations forth deciding to formally proceed with stage-2 expansion at the Bauxite Hills Mine in Far North Queensland in Australia. In April’20, the company was instructed by the Queensland Treasury that the Queensland State Government would...
Metro Mining published production and shipping results for the month of April. The company said this has been the best start to the year for both mining and shipping. Metro Mining produced 415,000 wet metric tonnes (WMT) of bauxite and shipped 245,000 wet metric tonnes (WMT) at the Bauxite Hills...
Metro Mining Ltd announced that the first ship for 2020 has arrived at Skardon River. The ship, Vialli, commenced loading on the morning of 14 April. This shipment is the first this year to foundation customer Xinfa who will purchase approximately 2.0 Million DMT (dry metric tonnes) under existing...
The Queensland Treasury has reportedly informed Metro Mining Limited that the State Government has decided to not exercise veto right regarding the Metro's Bauxite Hills Mine Expansion proposal. In late 2019, the Northern Australia Infrastructure Facility (NAIF) had announced to offer a Loan...
