Metro Mining extended Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited 

Oct 31, 2022

Metro Mining Limited (ASX: MMI) has extended the Strategic Cooperation Agreement with Xiamen Xiangsen Aluminium Limited  for 1.5 Million Dry Metric Tonnes per annum by 2 years to 2026. . Binding terms for the 2023 offtake component have also been agreed taking total binding offtake to 5 Million Wet Metric Tonnes for 2023.

Earlier on 25 November 2021, the Company announced an expanded as well as extended strategic LOI with Xiangsen Aluminium for the supply of approximately 5 Million Wet Metric Tonnes of bauxite for delivery between 2022 and 2024. This has been extended by an additional 3.4 Million WMT over two years into 2026. The quality specification continues to be the Metro Blend.

 

 

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