Metro Mining Limited, an Australia-based exploration and mining company, announced that it has signed a binding agreement with Xiamen Xiangsen Aluminium for the supply of 790,000 wet tons of bauxite in 2021.
Metro Mining signed a letter of intent with Shanxi Liulin Senze Aluminium for around 1.1 million wet tons. So far, Metro Mining has shipped 300,000 wet tons of bauxite.
This new supply contract formally confirmed the remaining 790,000 wet tons of bauxite under the letter of intent.
Xiangsen Aluminium is a joint venture between Xiamen Xiangyu Group and Shanxi Liulin Senze Aluminium.
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