Metro Mining Ships 752,000 WMT at Bauxite Hills in October 2026, Loads Fastest Capesize Vessel of the Year

Shwetambri Chauhan

09 November 2026 03:33 PM AEDT

Metro Mining Ships 752,000 WMT at Bauxite Hills in October 2026, Loads Fastest Capesize Vessel of the Year

Image Source: Krish Capital Pty Ltd

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Metro Mining Limited (ASX:MMI) has disclosed an operational update for its Bauxite Hills Mine in Cape York, Far North Queensland, reporting shipments of 752 thousand Wet Metric Tonnes (WMT) in October 2026, along with a record stripping volume and the commissioning of two new mobile dry screening plants.

Key Points

752 thousand WMT shipped from Bauxite Hills Mine in October 2026
Record stripping volume of 367 thousand bank cubic metres (kbcm) achieved in October, with ore mined and hauled at 830 thousand WMT
Two new mobile dry screening plants commissioned and ramped up, reaching planned production rates by month-end
A Capesize vessel was loaded in 5.8 days, the fastest loading of 2026
Year-to-date shipped volume stands at 4,765 thousand WMT against annual shipment guidance of 6.0 to 6.5 million WMT

October 2026 Shipping and Mining Performance

Metro Mining reported 752 thousand WMT shipped from its Bauxite Hills Mine during October 2026. The filing noted that factors affecting output during September 2026 were progressively being mitigated during the first half of October. Following a planned two-day maintenance shutdown, the operation recorded strong daily rates above 30 thousand tonnes per day. Production crews were supplemented with permanent and temporary staff, and the company disclosed that a critical focus on productivity contributed to the strong mining performance during the month.

Record Stripping Volume and New Screening Plants

A record stripping volume of 367 thousand bank cubic metres was achieved in October 2026 to release bauxite and build stock levels. Ore mined and hauled reached 830 thousand WMT during the same period. In parallel, the commissioning and ramp-up of two new mobile dry screening plants took place, with both units demonstrating planned production rates by the end of the month. Bed-levelling also progressed during October, achieving a controlling depth of 1.65 metres by month-end, with work undertaken to de-risk areas of build-up on channel banks ahead of the wet season.

Offshore Terminal Performance and Annual Shipment Guidance

A two-day planned shutdown for the Offshore Floating Terminal Ikamba's Cargo Handling System and the Bauxite Loading Facility was completed mid-month, with all tasks completed safely according to the filing. Following the shutdown, the Bauxite Loading Facility, Ikamba, and the Marine Supply Chain averaged 30.7 thousand WMT per day over 10 days. This resulted in a Capesize vessel being loaded in 5.8 days, described as the fastest loading of 2026. Year-to-date shipped volume reached 4,765 thousand WMT. Annual shipment guidance remains 6.0 to 6.5 million WMT.

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