Highlights
- Strong customer demand leads to Improvement and upgrade strategy at the Bauxite Hills Mine.
- Forecast production for 2019 will increase to 3.5M Wet Metric Tonnes (WMT).
- Expansion will result in increased sales revenue and lower unit costs via greater economies of scale.
- Payback on the capital costs anticipated within the 2019 year.
- Definitive Feasibility Study (“DFS”) for Stage 2 expansion to 6M WMT pa is being updated and expected to be completed in Q2 2019.
Metro Mining Ltd (ASX:MMI) (Metro) is pleased to announce a series of initiatives to increase bauxite production in 2019. This expansion is being driven by strong customer demand and will increase 2019 production to 3.5M WMT.
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