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Metro Mining MMI.AX · AUD

Materials · ASX · 🇦🇺 Australia

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0.90

+11.11%

Close of 9 Nov 2026, in AUD

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About Metro Mining

Its shares trade on ASX under the ticker MMI.AX. It has been listed since 4 December 2009. In the fiscal year to 31 December 2025, it reported revenue of A$378.4m and net income of A$142.3m. At that date it held total assets of A$361.4m and shareholders' equity of A$186.9m.

Metro Mining Ltd. is engaged in the explortion of coal and bauxite. The company is headquartered in Brisbane, Queensland. The company went IPO on 2009-12-04. The Company’s flagship project, the Bauxite Hills Mine, is located approximately 95 kilometers (km) north of Weipa on Western Cape York where the Company holds a total tenement package covering approximately 1,900 square kilometers (km2). The Bundi Project area is located immediately south of Glencore's proposed Wandoan Mine development and New Hope Coal's proposed Elimatta Mine. Its Columboola Project is a joint venture between Metro and SinoCoal Resources Pty Ltd. Its Columboola has a thermal coal resource estimate of approximately 1216.6 Mt at depths amenable to underground mining. The firm controls approximately 750 km2 of exploration tenements in western Cape York, a region has export-grade bauxite. Within this area the Company has 13 granted exploration permits for minerals (EPMs), six granted mining leases (MLs) and two granted mineral development licenses (MDLs).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
4 Dec 2009

Leadership

Pay as last reported

  • Mr. Douglas RitchieNon-Executive Independent Chairman of the BoardA$80,758
  • Mr. Simon WensleyChief Executive Officer, Managing Director, Executive Director, since 2021A$733,790
  • Mr. Nathan QuinlinChief Financial OfficerA$320,024
  • Mrs. Robin BatesGeneral Counsel, Company Secretary
  • Mr. Gary BattensbyGeneral Manager - OperationsA$55,987
  • Ms. Cherie EverettGeneral Manager - People and CultureA$233,492
  • The Hon. Paul LucasNon-Executive Director
  • Ms. Jo-Anne ScarinNon-Executive Director
  • Mr. Andrew LloydIndependent Non-Executive DirectorA$52,391

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Brisbane, Queensland, with a focus on coal and bauxite exploration.
  • Owns the Bauxite Hills Mine project located 95 km north of Weipa on Western Cape York.
  • Controls 750 km2 of exploration tenements in western Cape York with 13 EPMs, six MLs, and two MDLs.

Weaknesses

  • Relies on a single flagship project, the Bauxite Hills Mine, for operations.
  • Operates in a region with limited infrastructure for mining activities.
  • Dependent on joint venture partners for the Columboola Project.

Opportunities

  • Potential to expand operations in the Western Cape York region with existing tenements.
  • Export-grade bauxite in the western Cape York region offers market opportunities.
  • Joint venture with SinoCoal Resources could lead to resource development.

Threats

  • Competition from Glencore and New Hope Coal in the Bundi Project area.
  • Market volatility in coal and bauxite prices affects profitability.
  • Regulatory challenges in mining tenement management and development.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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