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Metro Mining Shipped 659,000 Tons of Bauxite Last Month

Shipments were about 200,000 tons below expectations after a channel collapse constrained barge capacity. Shaw & Partners said the investment case remains intact despite the production setback.

MMI

Metro Mining shipped 659,000 tons of bauxite last month, about 200,000 tons below expectations. A channel collapse reduced barge capacity, contributing to the shortfall. Shaw & Partners said the production setback was disappointing but left its investment case intact.