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Metro Mining Limited ( (AU:MMI) ) just unveiled an announcement.
Metro Mining has updated its Ore Reserves and Mineral Resources for the Bauxite Hills Mine as at 31 December 2025, in line with the 2012 JORC Code and ASX requirements. The combined Ore Reserves stand at 69.6 million wet tonnes of direct shipping ore, with an average grade of 49.7% aluminium oxide and 13.5% silicon dioxide, while total Mineral Resources are estimated at 107.4 million dry tonnes at 48.6% aluminium oxide and 14.4% silicon dioxide.
The update details reserve and resource distributions across the BH1, BH2 and BH6 areas, highlighting BH6 as the dominant contributor with 57.1 million wet tonnes of reserves and 88.9 million dry tonnes of resources. These figures underpin the long-term production profile of Bauxite Hills, reinforcing the mine’s scale and supporting Metro’s position as a significant bauxite supplier, with implications for mine life planning and sustained supply to customers.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
More about Metro Mining Limited
Metro Mining Limited is an Australian resources company focused on the exploration and production of bauxite, the primary ore used in aluminium production. The company’s flagship operation is the Bauxite Hills Mine in Queensland, supplying direct shipping ore to the global alumina and aluminium markets.
Average Trading Volume: 12,006,390
Technical Sentiment Signal: Buy
Current Market Cap: A$417.9M
Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.