CAPITAL MARKETS

Metro secures offtake MoU

METRO Mining has signed a non-binding memorandum of understanding for offtake from its Bauxite Hills project in Far North Queensland with a major Chinese aluminium company.

Jack McGinn
Metro secures offtake MoU

Under the terms outlined in the MoU, Xinfa Group would take a minimum 1 million tonnes per annum and as much as 1.2Mtpa of production from Bauxite Hills over an initial five-year period. Metro has forecast...

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