Metro Mining Ltd (ASX:MMI) managing director & CEO Simon Finnis speaks with Proactive Investors about the bauxite producer’s Bauxite Hills Mine in northern Queensland, which began production in April.
The Brisbane-based company is ramping up strongly on its way to producing 2 million tonnes of bauxite for 2018.
Bauxite Hills has an estimated reserve of 92.2 million tonnes and total resources of 144.8 million tonnes and will deliver bauxite into China over a 17-year mine life.
“Our primary focus now that we’ve commissioned Bauxite Hills is to grow that mine itself … 2018 is sold out and we’re actually looking for ways to escalate that expansion, so 3 million tonnes next year for us now is looking like it will be sold very quickly,”says Finnis.