Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
01 JULY 2019 AL CIRCLE

Metro Mining signs a new contract with a state-owned Chinese Aluminium Group

EDITED BY : HEENA IQBAL 2MINS READ

Metro Mining Ltd has signed a new binding contract with a major state-owned Chinese Aluminium Group. The agreement with the Group covers 420,000 WMT (wet metric tonnes) of bauxite to be delivered in the H2 of 2019. It means the company has sold approximately 90% of its planned 2019 production of 3.3 to 3.5 million WMT.

bauxite

{alcircleadd}

Metro’s Managing Director Simon Finnis said; “We are delighted to have finalised a new off-take agreement with a major State-Owned Chinese Aluminium Group whom, we believe, has the capacity to be another long term off-take partner. We have now successfully sold approximately 90% of Metro’s planned 2019 production.

This agreement highlights the particular interest being seen from refineries located in the inland provinces where supply of domestic bauxite has been hindered by recent mine closures and environmental audits.”

The Group owns alumina refineries in the provinces of Shanxi, Shandong, Guangxi and Guizhou. The bauxite will be delivered to the Shanxi Province Refinery, which is currently operating at below capacity due to reduced bauxite availability.

The Shanxi Province Refinery is planning to modify its refining conditions at the plant to match the processing requirements of the material from Metro’s Bauxite Hills Mine.

Aluminium LeaderSpeak 2019

The agreement is based on market pricing with typical bonus and penalty clauses associated with the agreed product specifications.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.