Metro Mining Inks Bauxite Contract with Xinfa Group
Brisbane’s Metro Mining Ltd announced yesterday that it has papered an agreement with the People’s Republic of China’s Xinfa Group....
Metro Mining Limited
Gulf Alumina Confirms Metro Mining’s Buyout Offer is Superior
Brisbane’s Metro Mining Ltd. said on Wednesday that the board of Gulf Alumina Limited confirmed its offer to buy all outstanding Gulf shares was superior to the proposal offered by Moly Mines Limited. Metro, which has a 39.3% stake in Gulf at...
Australian Official Urged to Reject Chinese Firm’s Offer to Buy Gulf Alumina
Australia’s Federal Treasurer Scott Morrison is being asked by local government representatives to reject a Chinese firm’s effort to acquire...
Metro Mining Inks Deal to Substantially Increase Stake in Gulf Alumina
Australia’s Metro Mining Limited announced yesterday that it has signed agreements to increase its stake in Gulf Alumina Limited to...
Events
Metro Mining Ltd Shareholders Approve Bauxite Hills Financing
Australia’s Metro Mining Limited announced on Tuesday that it has obtained shareholder approval to issue shares to Greenstone Metro Holdings LP. The move is part of Metro’s strategic funding arrangement, allowing it to go forward on its Bauxite Hills project in Queensland. The US$6.7 million in shares issued to Greenstone makes the firm Metro’s largest […]
Metro Mining Inks Strategic Financing Agreement with Greenstone
Brisbane’s Metro Mining Limited announced yesterday that it has signed an agreement with Greenstone Resources II Ltd that grants Greenstone a 19.98% interest in Metro in addition to providing Metro with assistance in developing its Bauxite Hills Project. The agreement has Greenstone investing an initial US$6.76 million by way of a placement of 105 million […]
Metro Mining to Open 5 Mtpa Bauxite Mine in QLD Next Year
Australian exploration and mining company Metro Mining Limited announced last week that it has reached a key milestone in commencing production of a new bauxite mine at Western Cape York, Queensland. According to estimates, the mine may yield up to 65.3 million metric tons over its projected thirteen-year life. Metro’s submission of an Environmental Impact […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
