Metro Mining lowers 2026 shipment guidance to 6.5M tonnes

Grafa
11:52

Full story: https://grafa.com/en/news/australia/metro-mining-lowers-2026-shipment-guidance-to-6-5m-tonnes

  • Metro Mining updates 2026 bauxite shipment guidance to 6 to 6.5 million wet metric tonnes.

  • The company adjusted its annual operational target following below-plan performance experienced in September.

  • Management is implementing mitigation initiatives, including channel bed levelling and retention measures, to support production.

Metro Mining (ASX:MMI) updated its 2026 bauxite shipment guidance to a range of 6.0 to 6.5 million wet metric tonnes following below-plan performance in September.

The revised target contrasts with prior expectations and accounts for recent operational constraints alongside the progress of ongoing mitigation initiatives.

The company stated that the adjustment reflects careful consideration of performance constraints and weather assumptions across the value chain.

The scheduled channel maintenance bed-levelling campaign commenced in October, with approved depths expected to support production upside within days.

Following the announcement, the Metro Mining share price was unchanged at $0.058.

The business has invested in resilience and risk mitigation over the last three years, including additional stockpiles and conveyor modifications.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment