Australia's Metro Mining hits 1-year high on robust Q2 shipments

Metro Mining

25/07/2023 04:13

** Shares of Metro Mining Ltd  MMI.AX  rise as much as 4% to
A$0.026, their highest since July 22, 2022
    ** Co records Q2 shipments of 1.3 million wet metric tons
(WMT), up 49% year-on-year
    ** Co's 2023 sales target remains 4.5 million to 5 million
WMT
    ** Qtrly bauxite FOB prices up 61% year-on-year
    ** Metro Mining stock up 78.6% this year, as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))