Hanwha Arirang DJ US Select Mutual Fund (213630)

Overview

Metro Mining Limited, originally founded in 2004 as MetroCoal Limited, underwent a pivotal rebranding in December 2014 to better reflect its core operations and strategic focus. Based in Brisbane, Australia, Metro Mining Limited is a firm that delves into the exploration and extraction of minerals, with a premier emphasis on bauxite. The company has carved a niche for itself in the mining industry, particularly focusing on the bauxite sector, catering primarily to the Chinese market. Through its subsidiaries, it has fortified its position in the realm of mining, pursuing the exploration and subsequent development of bauxite resources. Metro Mining's flagship venture, the Bauxite Hills Mine, exemplifies the company's commitment to leveraging substantial assets to ensure robust operational capabilities. Spanning an impressive area of approximately 1,900 square kilometers on Western Cape York, this property underscores Metro Mining's strategic intent and operational scale within the mining sector.

Products and Services

• Bauxite Exploration and Mining:

  At the forefront of Metro Mining Limited’s offerings is its bauxite exploration and mining service. Specializing in locating, extracting, and processing bauxite ore, the company is focused on the production of this critical raw material used in aluminum production. This service is underscored by the Bauxite Hills Mine project, which symbolizes Metro Mining's capacity for large-scale operations. By prioritizing efficiency, sustainability, and environmental stewardship in their mining practices, Metro Mining ensures a consistent and responsible supply of bauxite to the global market, specifically targeting the burgeoning demands of China’s aluminum production sector.