METRO MINING LIMITED (ASX:MMI)
Metro Mining Limited is an Australian exploration and mining company based in Brisbane, Queensland. The company owns one of the largest independent projects within the internationally acclaimed Weipa Bauxite Region.
Metro’s flagship project, the Bauxite Hills Mine, is located 95 kilometres north of Weipa.
In December 2016, following the takeover of Gulf Alumina Ltd, Metro Mining expanded the Bauxite Hills Mine by combining the adjoining Skardon River Bauxite Project.
Metro’s total tenement package in the Weipa region now covers 2,505 square kilometres.
The Bauxite Hills Mine has an estimated Direct Shipping Ore (DSO) Reserve of 96.5 million tonnes. Mine construction is planned to commence in Q2 2017.
Metro Mining also holds one of Australia’s largest thermal coal resources in Queensland’s Surat Basin.