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NAIF happy to back Metro's successful bauxite venture

METRO Mining’s successful development of a profitable bauxite operation in Far North Queensland comprising a near-40% indigenous workforce has seen Commonwealth government-backed North Australia Infrastructure Fund offer a A$47.5 million loan facility for an expansion.

NAIF happy to back Metro's successful bauxite venture NAIF happy to back Metro's successful bauxite venture NAIF happy to back Metro's successful bauxite venture NAIF happy to back Metro's successful bauxite venture NAIF happy to back Metro's successful bauxite venture

Metro has the financing in hand for expanding Bauxite Hills, Qld

The expansion at the Bauxite Hills operation that'll increase export capacity from about 3.5 million tonnes per annum to 6Mtpa is expected to cost $51.4 million.

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