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Metro greenlights expansion, hunting for funds

Taking Bauxite Hills operation from 4Mwmtpa to 7Mwmtpa.

Noel Dyson
Metro is looking for a second floating crane barge to expand its Bauxite Hills production.

Metro is looking for a second floating crane barge to expand its Bauxite Hills production.

The definitive feasibility study for the 7Mwmtpa expansion is based on a production/sales rate of 6Mwmtpa over a 15-year mine life. On that basis Metro estimates a 10% net present value of $372 million,...

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