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17 MAY 2019 AL CIRCLE

Metro Mining’s bauxite supply unaffected by Chinese refinery closure

EDITED BY : HEENA IQBAL 1MINS READ

Metro Mining Limited has responded to Chinese media reports about the temporary closure of Alumina refinery capacity following environmental audits by Chinese authorities.

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According to reports, Xinfa Group’s Shanxi Jiaokou Refinery is one plant impacted by the closure. Xinfa source 100 per cent of their bauxite to feed this refinery from domestic sources within Shanxi.

But Metro’s bauxite is supplied to a refinery located in the coastal province of Shandong which is completely unaffected by any of the current environmental issues.

“Xinfa is a very significant Aluminium Business that owns and operates six alumina refineries in China, of which Jiaokou is one. The other five refineries remain in operation with no restrictions, Metro Mining said through its press release.

Metro is continuing to supply bauxite from its Bauxite Hills Mine to Xinfa as planned under their long-term offtake agreement.

Simon Finnis, Metro’s Chief Executive Officer and Managing Director, said: “Metro and Xinfa have formed a strong and mutually beneficial relationship over a number of years. We meet regularly to discuss ways to build on this sound footing, and we look forward to this partnership continuing to flourish as Bauxite Hills continues to deliver on its commitment to Xinfa.”


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EDITED BY : HEENA IQBAL 1MINS READ

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