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...
Grow with
AL Circle
<p>Metro Mining has raised $36.5 million in its 1:2 non-renounceable rights issue priced at $0.125 for its100% owned Bauxite Hills Mine located in northern Queensland. The rights issue follows the recently completed placement, which raised $15.9 million taking the total combined amount raised to...
<p>This week’s news recap on bauxite sector is dedicated to companies releasing Bankable Feasibility Study (BFS), first shipments, and drop in investment and so on. Metro’s BFS confirms the Bauxite Hills Mine will become one of the largest independent operations within the...
<p>Metro Mining Ltd plans to commence construction of The Bauxite Hills Mine north of Weipa in July with mining operations and first shipment scheduled for April, next year.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Metro Mining Ltd, an Australian exploration and mining company based in Queensland, has combined two separate geological models and create a single expanded resource for its Bauxite Hills Mine project.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right:...
<p>Metro Mining Limited has launched a $52.4 million equity raising to advance its Bauxite Hills Mine 95 km north of Weipa. The company also plans to repay loan facilities that supported its recent acquisition of neighbouring Gulf Alumina Ltd (December last year.)</p> <p><img style="vertical-align:...
<p>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.</p> <p><img...
<p>Metro Mining Ltd has more than doubled its Direct Shipping Ore Reserve to 96.5 million tonnes by combining the Bauxite Hills Project north of Weipa with the neighboring Skardon River Project.<br /><br />Metro took control of Gulf Alumina Ltd and the Skardon River Project late last year. The...
<p>Simon Finnis has been promoted from CEO to Managing Director of Metro Mining Ltd.<br /><br />Metro Chairman Stephen Everett said Finnis had made a significant contribution as CEO and would add increased value as the company transitions from explorer to producer.<br /><br /> “Simon has...
<p>Metro Mining Limited has won additional 57.3% of Gulf Alumina shares after increasing its offer. Following the final settlement Metro Mining will hold 96% shares of Gulf.<br /><br />Metro used to hold 39.3% shares of Gulf being the largest single shareholder of the company. Metro increased its...
<p>Metro Mining Ltd has provided an update on the Moly Mines Ltd offer to Gulf Alumina. Metro said today that it wishes to advise that yesterday Moly Mines Ltd announced that it had received notice from the Australian Securities Exchange advising that it will exercise its discretion under...
<p>Metro Mining appears to have won a prolonged takeover battle for Gulf Alumina Ltd.<br /><br />Metro launched its bid for Gulf last December. Gulf, a public unlisted company, owns the Skardon River bauxite project bisecting Metro’s Bauxite Hills’ project north of Weipa on Western Cape...
<p>Moly Mines, one of the most talked about companies on the ASX (for all the wrong reasons though) is reportedly fighting a US$53 million+ battle with Metro Mining for the acquisition of Gulf Alumina's Queensland bauxite operations ownership. Every stakeholder linked to the matter is known to be...
<p>Metro Mining Limited has announced the presentation of a highly conditional proposal by Moly Mines Limited regarding acquisition of all the shares of Gulf Alumina Limited. The company said it is pinning hopes on the Gulf Board of Directors' decision on the new proposal who they learnt to be...
<p>Metro Mining Ltd has confirmed through a press release that the board of Gulf Alumina Limited has announced Metro’s offer to the acquire all of the shares of Gulf to be superior to the proposal from Moly Mines Ltd.<br /><br />It is to be noted that Metro Mining currently owns a 39.3%...
<p>Metro Mining Ltd has announced its intention to make an offer to buy out all of the shares of Gulf Alumina Limited including those which it does not already own. The Board of Directors of the mineral company said that it considers the offer is far better than oly Mines Ltd's highly conditional...
<p>Metro Mining Limited has signed a binding off-take agreement for China’s Xinfa Group to purchase around half the Bauxite Hills Project production for the first four years of operation.</p> <p>Bauxite Hills is located 95 km’s north of Weipa on Western Cape York. Environmental...
<p>Metro Mining Ltd has confirmed it has entered binding agreements to increase its ownership in Gulf Alumina Limited to approximately 39% of the total issued capital of Gulf. <br /><br />The Announcement follows Metro’s shares being placed in a trading halt on Monday. (19 Sept.) <br /><br...
Greenstone Resources, a specialist mining and metals private equity fund based in the Channel Islands, has agreed to provide a major financial injection to Metro Mining’s flagship Bauxite Hills Project, near Weipa. In an ASX announcement today, Metro Mining confirmed the signing of definitive and...
