Metro Mining Achieves Record Bauxite Shipments and Secures New Contract

Metro Mining Limited ( (AU:MMI) ) has issued an announcement.

Metro Mining Limited announced record shipments of 5.7 million WMT for 2024, a 24% increase over the previous year, despite facing adverse weather conditions. The company has executed a new multi-cargo contract with Emirates Global Aluminium for 2025 and set a shipment target of 6.5 to 7.0 million WMT for the year, indicating strong operational resilience and strategic planning for future growth.

More about Metro Mining Limited

Metro Mining Limited is an Australian company primarily engaged in the mining industry, focusing on the production and shipment of bauxite from its Bauxite Hills Mine. The company operates in the bauxite sector and is strategically positioned to serve global markets, including high-temperature alumina refineries.

YTD Price Performance: 0.0%

Average Trading Volume: 29,746,006

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$364.3M

For detailed information about MMI stock, go to TipRanks’ Stock Analysis page.