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bauxite

Tuesday, December 05

Metro's dramatic steps to slash costs as market confidence collapses

Metro Mining will sack workers and bring forward its wet season shut down of its Cape York bauxite mine as market confidence disappears.

Cape bauxite miner may stall its expansion as market stumbles

Cape York bauxite miner Metro Mining expects it will have to bring forward its wet season shutdown and may stall its expansion because of the COVID-19 impact on the market.

Barges load a ship from Metro's Cape York bauxite mine (Image: Metro Mining)

China tensions weigh on Metro's forecasts, delay expansion

Diplomatic tensions with China and the state of the market for alumina and aluminium were headwinds impacting Metro Mining’s bauxite project on Cape York.