Bauxite Hill shutting earlier than anticipated

Bauxite miner Metro Mining on Friday announced that it would bring forward its wet-season shutdown at the Bauxite Hills mine, in Cape York, as the company failed to secure offtake for the remainder of the year.

Mining is starting to wind down and shipping will cease around September 15, the company told shareholders, while operations are expected to restart in April next year, when deliveries into the existing contract with offtaker Xinfa will restart.