Metro Mining Limited announced that it has signed an MOU with a third base load customer for offtake commencing in 2024 and ramping up in 2025 to 2 Mt per annum. The counterparty is currently confidential and will be released when further terms are agreed. This is encouraging confirmation of the value proposition of MMI bauxite in the market and is perfectly aligned to MMI's expansion plans to 7 Mt per annum over the next 2 years, to take advantage of the significant inherent economies of scale.
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5-day change | 1st Jan Change | ||
0.043 AUD | 0.00% | 0.00% | +104.76% |
Mar. 26 | Metro Mining Resumes Operations at Bauxite Hills Mine | MT |
Feb. 28 | Metro Mining Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+104.76% | 136M | |
+9.00% | 561M | |
+2.70% | 68.08M |
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- Metro Mining Limited Signs MOU with A Third Base Load Customer for Offtake Commencing in 2024 and Ramping Up in 2025 to 2 Mt Per Annum