Jul 07, 2020

Bumper month for Cape bauxite producer

Bumper month for Cape bauxite producer

Metro Mining has reported a record shipping month in June, with a total of 536,454 wet metric tonnes loaded on ocean-going vessels for export from its Cape York bauxite operation.

Combined with the strong performances in April and May, it means Bauxite Hills output has exceeded upper forecasts for the quarter by 14 per cent (or 150,688WMT).

“We have exceeded expectations throughout the entire June quarter, demonstrating that this level of production is sustainable,” Metro Mining managing director and chief executive officer Simon Finnis said.

“I must again congratulate all our operational teams, contract
partners and all staff who have performed unbelievably well under the difficult circumstances we’re all experiencing as a result of COVID-19.”

Mining rates remained high but were kept below shipping rates in order to reduce stockpiles to a level easier to manage, the company said.

Metro resumed mining and haulage operations at the Bauxite Hills mine in early April after its scheduled wet season break.

Prior to the restart it added three 200-tonne capacity triple trailer sets to its fleet, upgraded its two screening plants to increase capacity from 550 tph to 850 tph each, and added 40 rooms to the Bauxite Hills camp.

A planned Stage 2 expansion to taking the Cape York operation to 6 million WMT (Wet Metric Tonnes) per annum, has attracted a NAIF offer of a loan facility of up to $47.5 million.