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How Did Metro Mining Achieve a $120M Profit Amid Operational Hurdles?
3:32am on Saturday 30th of August, 2025 AEST
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Mining
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How Did Metro Mining Achieve a $120M Profit Amid Operational Hurdles?
3:32am on Saturday 30th of August, 2025 AEST
Key Points
Record 1.9 million WMT bauxite shipments, up 27% year-on-year
Revenue surged 78% to $145 million with FOB price reaching $72/WMT
Net profit after tax of $119.8 million, a 424% increase from prior loss
Reversal of $47.7 million impairment on Bauxite Hills Mine assets
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