Metro Mining Limited, a key player in the bauxite industry, proudly announces the successful production and shipment of 4.51 million Wet Metric Tons (WMT) of bauxite since April 2023, hitting a significant milestone.
Metro Mining Limited has reached a noteworthy accomplishment in its bauxite production endeavors. The company revealed that, as of December 13, 2023, it has successfully produced and shipped 4.51 million Wet Metric Tons (WMT) of bauxite since the commencement of operations in April 2023. This achievement aligns with the lower range of their projected sales guidance for the 2023 operating season, which was set between 4.5 to 5.0 million WMT. The month of November marked a particularly exceptional period, witnessing the shipment of 697,000 WMT, with daily outputs matching the planned 7.0 million WMT per annum expansion rate slated for 2024.
However, the company has faced a temporary setback in its operations due to the impact of Tropical Cyclone Jasper currently affecting North Queensland. The cyclone has led to adverse weather conditions, including significant winds and waves in the Gulf of Carpentaria. Consequently, on December 13, 2023, Metro Mining temporarily suspended its transhipping activities as a precautionary safety measure. The marine fleet was moved into the Skardon River, and it is anticipated that the unfavorable transhipping conditions may persist for an additional four to six days, as per meteorological forecasts.
Despite the disruption in transhipping, Metro Mining continues its mining and screening operations during this period. The company assures stakeholders that it is fully prepared to resume shipping operations promptly once weather conditions improve. The resumption could potentially extend into the first week of January 2024, subject to favorable weather conditions.
Metro Mining emphasizes its commitment to providing regular updates to stakeholders as more information becomes available. The company’s resilience in the face of challenges underscores the significance of bauxite, a primary ore in aluminium production, in the broader context of global energy transition efforts and the aluminium industry’s sustainability goals.
Metro Mining Limited, a key player in the bauxite industry, proudly announces the successful production and shipment of 4.51 million Wet Metric Tons (WMT) of bauxite since April 2023, hitting a significant milestone.
Source: GlassBalkan