Bauxite Hills Project
ASX : MMI | QEC Investor Forum| May 2016
Compelling Proposition
Metro is a Rare, High Margin Investment in a Growth SectorPositive fundamentals for bauxite
Simple DSO project, well located in Cape York's world class bauxite province
Low CAPEX, high margins and excellent economics Native title finalised and permitting on track
Proven, high quality team who have developed & operated mines globally
Attractive share price upside
ASX : MMI | QEC Investor Forum| May 2016Bauxite is the Primary Ore of Aluminium
Key Ingredient for Manufacturing Aluminium 4-6 tonnes bauxite=
2 tonnes alumina=
1 tonne aluminiumKey Bauxite Value Drivers | Metro Mining Ltd | |
Grade | Alumina content ranges from 30% - 65% and silica ranges from 2% - 30% | Alumina 50-54 % Silica 6-9% |
Location | Proximity to buyer, supply reliability and sovereign risk | Close to Asia |
Location Provides Brand & Value Driver
Located 95km North of Weipa with ready access via the Skardon River
Weipa is a world renowned and high quality bauxite province
Adjacent to historic kaolin mining operation
Skardon River is an approved Queensland port
Advantageous proximity to key Chinese end market
Strategic regional tenement position covering ~1,300km2
Metro Mining Limited published this content on 31 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 May 2016 03:41:03 UTC.
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