Metro Mining Inks Bauxite Contract With Chinese Aluminium Firm

Australia’s Metro Mining Ltd announced the signing of a new contract with a state owned aluminium firm in the People’s Republic of China for delivery of 420 thousand wet metric tonnes of bauxite ore to be delivered by year’s end.

Though Metro declined to name the firm, it said the company operated refineries in four different provinces, with the bauxite ore under contract destined for a refinery in Shanxi that is currently operating at below capacity.