Metro Mining September Operational Update
Key points
- 659,000 WMT shipped in September
- Barging channel depth reduced due to sand-bank collapse
- Measures implemented to resolve staffing issues
Full summary
Metro Mining Limited (ASX: MMI) reported a shipment of 659,000 Wet Metric Tonnes (WMT) in September 2026 for its Bauxite Hills Mine in Cape York. The site faced a reduction in barging channel depth from 1.8m to 1.3m due to a sand-bank collapse, limiting barging capacity. A channel maintenance campaign is underway to restore the channel to normal depth within two weeks. Increased absenteeism and staff turnover impacted production, but measures have been implemented to resolve the issue. The offshore floating terminal, Ikamba, is achieving planned availability and above-target loading rates. Floating Crane, TSA Skardon, returned to site following maintenance and provides additional transhipping capacity. Year-to-date shipped volume is 4,013,000 WMT. Mitigations and controls to the issues described are in progress, and Calendar Year volume guidance is under review.
Outlook
Metro Mining is working on mitigating the effects of the sand-bank collapse and staffing issues, with an update on volume guidance expected soon.
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