Metals/Mining - Brisbane, QLD, AU
Metro Mining Limited is an Australian exploration and mining company based in Brisbane, Queensland.The company has major bauxite projects in Cape York and one of Australia's largest thermal coal resources in Queensland's Surat Basin. Metro's immediate focus is its Bauxite Hills Operation approximately 95 kilometers north of Weipa in the world renowned high-quality, export-grade bauxite Cape York region of Queensland. Metro controls approximately 1,300 square kilometers of exploration tenements - the largest tenement holding in the region outside the Rio Tinto's Alcan mining leases. The Bauxite Hills PFS confirms a +13 year mine life based on existing DSO resources of 53.6 Mt with potential to extend mine life utilising an 11.7 Mt Indicated Resource at a nearby deposit, and from further exploration.Metro has secured a non-binding memorandum of understanding to sell bauxite to Xinfa Group, one of the largest integrated aluminium companies in China.
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Metro Mining Ltd is a prominent exploration and mining company based in Brisbane, Queensland, Australia. With a focus on metals and mining, the company boasts a diverse portfolio of projects, including major bauxite projects in Cape York and one of Australia's largest thermal coal resources in the Surat Basin. Their immediate focus is on their Bauxite Hills Operation, located approximately 95 kilometers north of Weipa in the renowned high-quality, export-grade bauxite Cape York region of Queensland. The company controls an impressive 1,300 square kilometers of exploration tenements, the largest tenement holding in the region outside of Rio Tinto's Alcan mining leases. The Bauxite Hills PFS confirms a +13-year mine life based on existing DSO resources of 53.6 Mt, with potential to extend mine life utilizing an 11.7 Mt Indicated Resource at a nearby deposit, and from further exploration. Metro Mining has also secured a non-binding memorandum of understanding to sell bauxite to Xinfa Group, one of the largest integrated
Metro Mining Limited is a company that explores and mines minerals in Australia. They have big projects in Cape York and Surat Basin. They are currently focusing on their Bauxite Hills Operation, which is located in a well-known area for high-quality bauxite. The company has a large amount of land for exploration and has already found a lot of bauxite. They have a plan to mine for over 13 years and can possibly extend that time by using resources from a nearby deposit or by exploring more. They have also made a deal with a Chinese company, Xinfa Group, to sell them bauxite.