According to the latest foreign media report, Metro Mining’s 2024 performance report shows that the company has achieved double growth in bauxite mining output and shipment in the past year, laying a solid foundation for the company’s future development.

The report shows that in 2024, the mining output of bauxite of Metro Mining will reach 5.64 million wet metric tons, and the shipment volume will climb to 5.7 million wet metric tons. This achievement not only demonstrates the company’s outstanding strength in bauxite mining, but also demonstrates its efficient operation in logistics and transportation. Meanwhile, with outstanding market performance, Metro Mining achieved a revenue of $307 million in 2024, injecting strong momentum into the company’s future sustainable development.

Looking ahead, Metro Mining is confident in the prospects of the global bauxite market. The company stated that with the recovery of the global economy and the acceleration of industrialization, the demand for bauxite, as an important industrial raw material, will continue to grow. Therefore, Metro Mining plans to further expand its bauxite business scale to meet the strong demand in the market.

Metro Mining expects a significant increase in bauxite transportation volume in 2025 compared to 2024, reaching 6.5 to 7 million wet metric tons, a year-on-year growth of up to 20%. This growth is mainly due to the enhanced economies of scale after the company’s expansion, as well as the sustained strong demand from aluminum producers. At the same time, Metro Mining has significantly improved its operational efficiency in mining and logistics transportation, which will provide strong support for the company’s future growth in bauxite business.

The head of Metro Mining stated that the company will continue to increase investment in bauxite mining and continuously improve mining and transportation efficiency to better meet market demand. At the same time, the company will actively explore new bauxite resources to expand its business scale and market share. By continuously optimizing its business structure and improving operational efficiency, Metro Mining is confident in maintaining its leading position in the global bauxite market and creating greater value for shareholders.