Metro’s exploration exposure covers 1,800 square kilometres on Cape York.
() remains focussed on its Bauxite Hills Mine, which is in production just 10 months after construction commenced.
The company recently received its first payment from off-take partner Xinfa Group following the first shipment of bauxite arriving in China.
Metro is now heading to market with a capital raising, and the ASX has granted a trading halt to prepare.
The halt will remain in place until the opening of trade on Wednesday 20 June 2018, or earlier if an announcement is made to the market.
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