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Metro Mining Ltd.
Summary
| Project: | Bauxite Hills Mine | |
|---|---|---|
| Deposit: | Bauxite Hills Mine | |
| Location: | Australia | |
| Commodities: | Aluminium | |
| Date: | 6/22/2017 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 22-6-2017: Metro Mining Ltd. announces an EIA/ESIA report for its Bauxite Hills Mine deposit at the Bauxite Hills Mine project. Queensland State Government Environmental Approvals for the Bauxite Hills Project received. Metro Mining Ltd (ASX:MMI) has rece | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Metro Mining Ltd (ASX:MMI) has received Queensland State Government Environmental Approvals for the Bauxite Hills Project, north of Weipa. Metro has received the Environmental Authority (EA) for the Bauxite Hills Project from the Department of Environment and Heritage Protection (DEHP). The State Government approval follows an extensive and detailed environmental assessment and community consultation process. Managing Director Simon Finnis said final Commonwealth Approvals are expected in the near future. Metro is developing its Bauxite Hills Project with the previously approved Skardon River Bauxite Project. The combined projects have been renamed the Bauxite Hills Mine. The Bauxite Hills Mine is located 95 kilometres north of Weipa. It is one of the largest independent projects within the internationally acclaimed Weipa Bauxite Region. “We have significantly reduced the social and environmental impacts, and optimised the economic returns by combining two projects,” Mr Finnis said. “Mine development is underway and we are on schedule to begin mining construction in Q3 2017 and first shipment in Q2 next year. Metro has an initial four-year, 7 million tonne Binding Off-take Agreement with Xinfa Group - one of the largest integrated aluminium companies in China. The company has also secured an Offtake Letter-of-Intent with Lubei Chemicals - China’s fifth largest bauxite importer. Once fully operational, the Bauxite Hills Mine is expected employ up to 200 people with a 30% indigenous workforce target. | |
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