Key points
- 756k Wet Metric Tonnes (WMT) shipped in August 2026
- Offshore floating terminal (OFT), Ikamba, returned to full strength
- TSA Skardon returns to site in mid-September for favorable conditions
- Calendar year shipment guidance for 2026 is 6.6 to 7.1 million WMT
Full summary
Metro Mining Ltd has released an operational update for August 2026, highlighting the shipment of 756 thousand Wet Metric Tonnes (WMT) from its Bauxite Hills Mine in Cape York, Far North Queensland. The offshore floating terminal (OFT), Ikamba, returned to full strength in late July and shipped 756k WMT in August, marking an 8% increase from the prior month. The TSA Skardon is set to return in mid-September, aiming to capitalize on favorable shipping conditions. Metro Mining's calendar year shipment guidance for 2026 remains between 6.6 to 7.1 million WMT.
Guidance
Calendar year shipment guidance for 2026 is 6.6 to 7.1 million WMT
Outlook
Metro Mining Ltd expects to leverage favorable shipping conditions with the return of the TSA Skardon in mid-September to maintain operational efficiency.