Boutique bauxite company Metro Mining says it has been a record-breaking year.
“Metro Mining Limited, Australia’s only pure play bauxite producer, is pleased to announce that on November 20, its Bauxite Hills Mine at the Skardon River achieved a calendar year record production and sales milestone of 4 million tonnes (Mt),” the company said in a statement to the Australian Stock Exchange.
Chief executive officer Simon Wensley, who is also Metro’s managing director, said: “It is exciting to announce that we have reached 4Mt, which puts our 2023 sales target of 4.5 to 5 Mt well within reach.
“The Metro team, together with our contract partners, have worked incredibly hard to reach this milestone.
“The rates currently being achieved provide high confidence that the 7 Mtpa production rate will be achieved in 2024.”
In another significant milestone for the company, the official naming ceremony for its Offshore Floating Terminal, the Ikamba, was held in Shenzhen, China.
“The vessel’s name, which means saltwater crocodile in the Ankamuthi language, is representative of Metro’s commitment to foster a meaningful relationship with the Ankamuthi people, the Traditional Owners of the land on which the Bauxite Hills Mine is privileged to operate,” the company said.
“In furtherance of this, the naming ceremony was attended by three Ankamuthi Elders, Mr Dale Salee, Mr Charles Woosup and Ms Anna Tamwoy, with Ms Tamwoy being the vessel’s ‘godmother’.
“The naming ceremony signifies the nearing completion of the Ikamba’s refurbishment activities, and it will soon be ready to depart China for mobilisation to Australia.”