Ann: Trading Update, page-3

Record Q2 Shipments; Expansion Ramping Up
KEY HIGHLIGHTS
• Record Q2 shipments of 1.42 Million WMT, 12% up year on year
• Expansion components commissioned during the quarter, integrating and starting to hit
planned rates
o Offshore Floating Terminal, Ikamba, mobilised to site and ramping up for 8 weeks,
o New wobbler screen circuit commissioned and operational for 6 weeks,
o Barge and tow tug fleet in place, further off-shore assist tug arriving August.
Metro Mining Limited (ASX:MMI) (‘Metro’, the ‘Company’) is pleased to announce that it has
established a new calendar second quarter shipment record of 1.42 Million WMT, 12% up on Q2
2023, with 1.50 Million WMT year to date. Q2 2024 has also effectively been the “commissioning
quarter” for the new 7 Million WMT pa expansion project.
As an expansion update, the final components of the expansion have entered operation during
the quarter:
• OFT Ikamba commenced operations 28 April. 6 weeks commissioning at 50%