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Metro Mining remains on track to becoming an independent bauxite producer

The Bauxite Hills Mine is located 100 kilometres north of Weipa.
Metro Mining remains on track to becoming an independent bauxite producer
On-site at Bauxite Hills

Metro Mining Ltd (ASX:MMI) is currently transitioning to becoming a leading independent Cape York bauxite producer.

Metro has now awarded the mining contract for the operation of the mine, finalising all major contracts.

Mine construction commenced in July and mining operations are on schedule to commence in April 2018.

Mining contract

The mining contract has been awarded to SAB Mining, a private Queensland mining services company who also provides services for the Sonoma coal mine in the Bowen Basin.

SAB is currently on-site undertaking civils works for mine construction from a safety, indigenous engagement and productivity perspective.

Simon Finnis, managing director, commented:

"Metro is delighted to have engaged SAB Mining to carry out the mining services for the Bauxite Hills mine.

"SAB has been integral in assisting Metro advance the project to where it is today and their formal appointment for mining operations represents another key milestone for the project.

"Metro and SAB will work together to prepare for mining activities with the view of mobilising the mining fleet to site in March 2018, ahead of forecast production starting in April 2018."

SAB’s scope of works

SAB's contract encompasses all land based mining activities.

This includes:

- Clearing and pre-strip;
- Mining bauxite in accordance with mine plan;
- Operation of haul trucks;
- Loading of barges via barge loading facility;
- Rehabilitation of mined areas; and
- Maintenance of plant and equipment.

The financial details of the contract are in line with the estimates provided for Metro’s Bankable Feasibility Study for the project.

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Metro Mining Ltd Timeline

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