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NAIF’s loan of $47.5 million to Metro Mining for new infrastructure for the company to load larger vessels, as part of its planned Bauxite Hills Mine Stage 2 expansion project.

The mine employs 246 people, but this new infrastructure will increase the total workforce at the mine to more than 300. The Indigenous employment target of 20% is already being achieved, which will stretch to 30% by year five of the mine’s operation. Retention strategies are of key importance for sustaining Indigenous employment levels and appropriately supporting an Indigenous workforce.

Working with the company, NAIF was able to support an Indigenous Engagement Strategy in which the company committed to implement a Traditional Owner Employment Strategy, preferential employment of Ankamuthi Traditional Owners (once core competencies are met) and support at least five Ankamuthi trainees per year.

Other Indigenous commitments include ongoing Liaison Committee meetings, employment of two Ankamuthi Community Liaison Officers, and support for Indigenous enterprise development opportunities.