I think there are some tutorials on making bin cages. I believe you'd need a hot knife to cut out front and top panels and then some mesh and cable ties and some kind of tool to make holes for the cable ties. Although some people use masking tape on the outside of the bin to hold the mesh on instead I think.
Or you could get a Duna Multy for £33 - it's a similar size - not so tall, but no diy
Cage Duna Multy