Metro Mining Inks Bauxite Offtake Agreement with Chinese Power Company SPIC
Australian metals miner Metro Mining Limited made its investors aware of the execution of a non-binding Memorandum of Understanding (MoU)...
Metro Mining Limited
Despite Week Lost to Nora, Metro Mining Remains On Track for 2018 Production Target at Bauxite Hills
Australian metals miner Metro Mining Limited eased investors’ fears yesterday by announcing that the firm’s people and equipment successfully weathered tropical cyclone Nora. According to the company’s press release, the storm passed by operations at Bauxite Hills on Saturday morning. Though she...
With Completion of Marine Infrastructure, Metro Mining Continues Apace for Beginning Production at Bauxite Hills in Mid-2018
Australian metals miner Metro Mining Limited announced yesterday that it cleared another hurdle in the race to open the Bauxite...
Construction at Metro Mining’s Bauxite Hills Mine Continues On Schedule and Under Budget
Metro Mining Limited updated its shareholders on the firm’s progress at Bauxite Hills mine yesterday, declaring that the project remains...
Events
Metro Mining Awards Bauxite Hills Mining Contract to SAB
Metro Mining Limited announced last week that the firm chose SAB Mining to conduct operations at its soon-to-be-opened mine at Bauxite Hills. The award of the mining contract to SAB marks the last award of a major contract for the mine. Included in SAB’s duties under the contract are clearing and pre-stripping the mine area, […]
Metro Mining Acquires Final Permits from Queensland Government for Bauxite Hills Mine Project
Metro Mining Limited announced on Tuesday that it has obtained mining leases from the state government for its operations in Bauxite Hills Mine. The firm now has all state and federal permits in place now that it has the go-ahead from Queensland’s government. “Granting these leases allows Metro Mining to consolidate and unlock the potential […]
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 steps in the projected 17-year life of the Cape York operation. The firm’s civil works contractor SAB Mining is on site at present and is soon to begin work on the mine’s port area, which […]
Metro Mining Raises A$38 MM to Complete Bauxite Hills Mine Funding
Brisbane’s Metro Mining Ltd announced earlier today a successful bookbuild that raised the firm A$38 million (US$30 million) in capital. According to Metro, the institutional placement was quite popular, gaining support with both existing investors and new parties from both within Australia and abroad. Greenstone Metro Holdings LP was part of the institutional placement and […]
Metro Mining Wins Final Environmental Approval for Operations at Bauxite Hills Mine
Brisbane’s Metro Mining Ltd announced yesterday that it has secured final environmental approval for operations at Bauxite Hills Mine. Metro told investors yesterday that it now has all necessary environmental approvals in hand, which is a feat the firm accomplished in the relatively short time period of two years. The firm also notes the steadfast […]
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 ...
