EXPLORATION & DEVELOPMENT

Metro's bauxite expansion takes shape

Adding a large scale 'floating terminal' to significantly boost ouput

 Getting bauxite barged down the Skardon River, out to sea and loaded into ships bound for China as quickly as possible is the key for increasing profitability at Metro's Bauxite Hills operation north of Weipa

Getting bauxite barged down the Skardon River, out to sea and loaded into ships bound for China as quickly as possible is the key for increasing profitability at Metro's Bauxite Hills operation north of Weipa

As of earlier this year, Metro's debt was $42.1 million, with most of an expansion set to cost $51.4 million going towards a "floating terminal (FT) that can load larger, ungeared ocean-going vessels (OGVs),...

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