Proactive Investors - Run By Investors For Investors

Metro Mining’s Bauxite Hills Mine in QLD sells all bauxite production for 2018

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.

 
Meet Cardinal Resources Ltd, Legend Mining Ltd, Danakali Ltd, Predictive Discovery Ltd and Alliance Resources Ltd at our event, Melbourne , 16 July 2019. Register here »
View full MMI profile View Profile

Metro Mining Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use