Metro Mining's August Shipment Up 13%; Shares Rise 6%

MT Newswires Live09-05

Metro Mining (ASX:MMI) shipped 720,000 wet metric tonnes in August, a 13% increase from July, according to a Thursday filing with the Australian bourse.

Compared with July 2023, August shipment was up 29%

The bauxite producer has shipped 1.4 million wet metric tonnes so far in the third quarter, bringing its year-to-date production to nearly 2.9 million wet metric tonnes.

The company's full-year production guidance is for 6 million to 6.4 million wet metric tonnes, the filing said.

Metro Mining's shares were up almost 6% in recent Thursday trade.

Price (AUD): $0.04, Change: $+0.0020, Percent Change: +5.88%

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