An announcement from Metro Mining Limited ( (AU:MMI) ) is now available.
Metro Mining Limited has successfully mobilized its Bauxite Hills Mine and Marine Divisions, completing re-commissioning and commencing the 2025 production season. The company shipped 184k WMT in Q1 2025 and aims to ship between 6.5 to 7.0 million WMT for the year. Investments in operational practices and equipment have enabled early commencement and reduced environmental risks. Despite alumina price corrections, bauxite prices remain resilient, with Q2 2025 cargo pricing agreed at a 20% premium to Q4 2024.
More about Metro Mining Limited
Metro Mining Limited is an independent bauxite producer and explorer, operating the Bauxite Hills Mine on the Weipa bauxite plateau in Far North Queensland. The company produces high alumina bauxite, which is shipped directly to customers in large ore carriers. Metro Mining is committed to agreements with Traditional Owners and has a significant percentage of indigenous employees, contributing economically to the Cape York region.
YTD Price Performance: -5.00%
Average Trading Volume: 10,047,622
Technical Sentiment Signal: Sell
Current Market Cap: A$347.2M
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