Metro Mining announces that it has finalised additional multi-cargo offtake agreements for shipments across 2025 and 2026.
Together with existing contract positions this takes contracted offtake to 6.9 and 6.1 million Wet Metric Tonnes (WMT) in 2025 and 2026 respectively.
The key changes are:
- A contract extension with Xinfa Aluminium Group; one of the China’s largest private integrated aluminium companies and Metro’s longest-term customer.
- A new contract with China Aluminium International Trading Group, Co. Ltd.; the trading arm of Aluminium Corporation of China (Chalco) the largest alumina and aluminium producer in the world.
- A new contract with Shandong Lubei Enterprise Group General Company, a large diverse chemical manufacturing group from Shandong Province.
Metro MD and CEO, Mr Simon Wensley, said: “This high-quality portfolio of customers is a testament to Metro bauxite’s competitiveness and its technical service, commercial flexibility and efficient and large-scale logistics to establish a robust and low risk market positioning.”