Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Metro Mining reported a rise in its shipments even after it announced a slowdown in mining activities at Bauxite Hills mine in Queensland. 


The Australian company’s shipments were 520,000 wmt, up by 14.28pc in August from 455,000 wmt in the same period last year. The company’s mined bauxite, however, dropped by 3.36pc to 460,000 wmt in August, down from 476,000 wmt in the prior-year period. 


Metro mining shipped 456,000 wmt in July. With the addition of August shipments, Metro Mining has shipped 2.23mn wmt of bauxite in this fiscal. The company has mined 1.42mn wmt in June quarter. 


According to the company’s forecast, Bauxite Hills mine could easily operate 4mn mt while using existing plant and equipment. 

Managing director Simon Finnis noted improvements in the market and rise in inquiries. 


Last month, Metro Mining said it would wind down mining activities at Bauxite Hills mine for the wet season ahead of schedule due to impact of the COVID-19 pandemic on the aluminium supply chain. 


The company had said that the overall market condition has impacted the company’s ability to secure more clients for the bauxite. 

Metro Mining Limited is an Australia-based exploration and mining company in Brisbane, Queensland. It’s a flagship project, the Bauxite 

Hills Mine islocated 95km north of Weipa within Weipa Bauxite Region. The company holds a total tenement package covering approximately 1,900sq km on Western Cape York. 


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