viewMetro Mining Ltd

Metro Mining heads to market

Metro’s exploration exposure covers 1,800 square kilometres on Cape York.

Cape York bauxite is well known and well received by the Chinese market

Metro Mining Ltd (ASX:MMI) 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.

READ: Metro Mining receives first revenue and accelerates ramp-up

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.

Quick facts: Metro Mining Ltd

Price: 0.061 AUD

Market: ASX
Market Cap: $84.72 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Metro Mining Ltd named herein, including the promotion by the Company of Metro Mining Ltd in any Content on the Site, the Company receives from...


Metro Mining's Simon Finnis updates as it prepares to make first 2020...

Metro Mining Ltd's (ASX:MMI) Simon Finnis speaks to Proactive's Andrew Scott soon after announcing the first ship for the 2020 operational year has arrived at Skardon River and loading has commenced. This shipment is the first this year to foundation customer Xinfa who will purchase about 2...

on 16/4/20

2 min read