Metro Mining Reaches Title and Land Access Agreement with Bauxite Hills Mine’s Traditional Owners
Brisbane’s Metro Mining Ltd announced earlier today that it has consolidated its title and access agreements to its Bauxite Hills...
Skardon River
Metro Mining To Receive A$47.5 Million Loan From Australian Government For Expansion At Bauxite Hills
Australia’s Metro Mining Ltd. announced yesterday the decision by the Northern Australia Infrastructure Facility (NAIF) to loan to the firm up to A$47.5 million for expansion of operations at Bauxite Hills. Per the firm, NAIF’s Loan Facility is a nine-year note that...
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...
Gulf Alumina’s Board Recommends Metro Mining’s Takeover Offer
Brisbane’s Metro Mining Limited is in line to become the new owners of Gulf Alumina after Gulf’s board unanimously recommended...
Events
Gulf Alumina Confirms Metro Mining’s Buyout Offer is Superior
Brisbane’s Metro Mining Ltd. said on Wednesday that the board of Gulf Alumina Limited confirmed its offer to buy all outstanding Gulf shares was superior to the proposal offered by Moly Mines Limited. Metro, which has a 39.3% stake in Gulf at present, says that the purchase of the remaining Gulf shares represents a “logical […]
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 ...
