Metro Mining Limited

Metro Mining Secures US$30 MM Loan For Bauxite Hills Mine Expansion

Metro Mining Secures US$30 MM Loan For Bauxite Hills Mine Expansion

Australia’s Metro Mining Ltd. announced this week that it has entered into a financing agreement with Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (“Nebari”) of up to US$30 million. Proceeds from the facility will...

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Metro Mining Inks Bauxite Offtake Agreement With China’s Xiangsen Aluminium

Australia’s Metro Mining Ltd. Announced yesterday a new offtake agreement with Chinese firm Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for 790 thousand wet metric tons of bauxite in 2021. Metro said in a press release that the agreement was the completion of a prior letter of intent between the two parties for one million wet […]

Metro Mining Inks Three Years Of Bauxite Offtake Agreements With Xinfa Group

Australia’s Metro Mining Ltd. announced this week that it has signed two new binding offtake agreements with the People’s Republic of China’s Xinfa Group. Per the firm, the first contract is for the delivery of 1 million dry metric tons (DMT) of bauxite ore at a fixed price CIF basis. The contract’s term is April […]

Metro Mining To Restart Operations At Bauxite Hills In Mid-April

Australia’s Metro Mining Ltd. announced yesterday the resumption of operations at its Bauxite Hills Mine this month upon the conclusion of northern Australia’s wet season. The firm said operations at the site would begin again on 19 April, putting back to work about 120 individuals on site and another 130 contractors to the mine. The […]