Construction of Port and Infrastructure Underway at Metro Mining’s Bauxite Hills Mine
Brisbane’s Metro Mining Limited updated its investors on the progress of construction at Bauxite Hills Mine yesterday, detailing the first...
Cape York
Canberra Signs Off on Metallica Minerals’ Urquhart Bauxite Project
Brisbane’s Metallica Minerals Limited announced yesterday that it has received federal approval under the Environment Protection and Biodiversity Conservation Act 1999 to develop Urquhart Bauxite Project. According to the firm, federal approval is a tremendous milestone on the road to mining bauxite...
Rio Tinto Awards Over $900 MM in Amrun Contracts to Queensland Firms
Mining titan Rio Tinto Group’s emphasis on regional economic development will be worth at least $900 million to the Queensland...
Feasibility Study of Metro’s Bauxite Hills Anticipates Strong Financial Returns
Brisbane’s Metro Mining Limited released the results of the Bankable Feasibility Study (BFS) of its newly-expanded Bauxite Hills Mine project....
Events
Metro Mining’s Bauxite Reserves on Cape York Now Total 144.8 MMT
Brisbane’s Metro Mining Ltd released an overview of their expanded Bauxite Hills Mine project on Monday. The document is the first public disclosure of the project’s bauxite resources since finalizing the purchase of Gulf Alumina’s interests in the area in January. According to the report, Metro Mining’s bauxite reserves at Bauxite Hills includes 144.8 million […]
Metro Mining Lauches Drive to Raise A$52.4 MM for Bauxite Hills Mine
Australia’s Metro Mining Limited announced earlier today that it has initiated a drive to raise A$52.4 million (US$40.2 million) in equity to continue operations at the Bauxite Hills Mine project on the northern tip of the Cape York Peninsula. Metro says that the equity raising will consist of issuing about 419.4 million fully-paid ordinary shares, […]
Rio Tinto Awards US$45 MM Contract for Dam at Amrun Bauxite Project to Fulton Hogan
Anglo-Australian mining titan Rio Tinto announced the award of a US$45 million to the New Zealand civil construction firm Fulton Hogan. The contract, which is for the construction of a dam at the Amrun bauxite project in Cape York, Queensland, was announced last Wednesday. The project will have Fulton Hogan’s Queensland division constructing a 10.9-gigaliter […]
Rio Tinto Begins Work on New Bauxite Mine on Cape York
Anglo-Australian mining giant Rio Tinto began work on a new bauxite mine in Cape York by awarding a US$53-million contract to Queensland civil engineering firm QBrit. The new mine, dubbed the Amrun Project, is a US$2 billion operation that is expected to harvest 22.8 million metric tons per annum at the outset, with an option […]
Metro Mining Acquires Gulf Alumina, Announces Plans to Merge Bauxite Hills and Skardon River Projects
Australia’s Metro Mining Ltd announced yesterday that it had acquired Gulf Alumina Ltd’s remaining shares, and that it would begin the process of combining Gulf’s Skardon River Project with its own Bauxite Hills project. Metro’s press release said that the firm has begun work on a bankable feasibility study to determine the advantages and disadvantages […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
