Australian bauxite developer Metro Mining has signed a letter of intent to supply China’s Shandong Aluminium Company (Lebei) with offtake from its Bauxite Hills project in Queensland. The non-binding agreement is for the supply of 500,000- 1mn t/yr over a minimum period of three years from the beginning of production in April next year. Negotiations are underway to make the agreement binding, with a possible extension of one year’s supply.
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