Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Lithium

45.34

1.66%

Gold

2,704.50

(0.34%)

Copper

4.41

(0.64%)

Oil

71.90

(0.43%)

Bitcoin

75,716.91

(0.24%)

FTSE 100

8,140.74

(0.32%)

Nikkei 225

39,515.36

(0.67%)

Dow Jones

43,729.34

0.02%

Iron Ore

103.45

(1.97%)

USD/AUD

0.67

(0.39%)

Hang Seng

20,923.68

(1.3%)

Metro Mining (ASX: $MMI) secures multi-year offtake agreements

November 8, 2024
Author: Stock Piper

Metro Mining's strategic agreements

Metro Mining (ASX:MMI) has finalized significant offtake agreements for 2025 and 2026. The company has secured contracts for 6.9 million Wet Metric Tonnes (WMT) in 2025 and 6.1 million WMT in 2026. These agreements include extensions with existing partners and new contracts with leading Chinese aluminum producers.

Outlook on Metro Mining's future

Metro Mining has cemented its position in the global bauxite market with new and extended contracts with major Chinese aluminum companies, including Xinfa Aluminium Group, China Aluminium International Trading Group, and Shandong Lubei Enterprise Group. The contracts, comprising Free on Board (FOB) and Cost, Insurance, and Freight (CIF) terms, emphasize Metro's low-risk strategy and competitive edge. With freight contracts secured, Metro minimizes rate risks, enhancing its supply stability. The company aims to support the energy transition with high alumina content bauxite from its Bauxite Hills Mine in Queensland, further strengthening its strategic role in the aluminum supply chain.