METRO MINING LIMITED (ASX:MMI)
Metro Mining Limited is an Australian exploration and mining company based in Brisbane, Queensland.
Metro’s flagship project, the Bauxite Hills Mine, located 95 kilometres north of Weipa is one of the largest independent projects within the internationally acclaimed Weipa Bauxite Region.
The company holds a total tenement package covering approximately 1,900 square kilometres on Western Cape York.
The Bauxite Hills Mine has an estimated Reserve of 92.2 million tonnes (Mt) and total Resources of 144.8 million tonnes (Mt).
Mining started at Bauxite Hills Mine mid-April 2018 (see ASX Announcement here)
By September 2018, after 5 months of operations, all of the mines 2018 planned production was sold. (see ASX Announcement here)
Cape York bauxite is well known, and highly regarded, in China and Metro's Bauxite Hills Mine ore is being shipped to meet China's strongly growing bauxite market.
After only 5 months mining Metro shipped one million tonnes of bauxite to China. (see Release here)
Metro Mining also holds one of Australia’s largest thermal coal resources in Queensland’s Surat Basin.