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Metro Mining Boosts Capacity with New Terminal
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Metro Mining Boosts Capacity with New Terminal

Metro Mining Limited (AU:MMI) has released an update.

Metro Mining Limited has announced the successful deployment and commencement of operations of its new Offshore Floating Terminal, Ikamba, which is set to triple the company’s transhipping capacity to 7 million wet metric tonnes. The Ikamba enables more efficient loading of larger vessels, ensuring resilient and enhanced operations for the Bauxite Hills Mine. With a peak loading capacity of 3,000 tonnes per hour, the Ikamba represents a significant advancement in Metro’s export capabilities.

For further insights into AU:MMI stock, check out TipRanks’ Stock Analysis page.

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