Metro Mining
(ASX:MMI) has responded to reports in the Chinese press about the temporary closure of Alumina refinery after environmental audits by Chinese authorities.
The reports say one plant has been affected by the closure, Xinfa Group's Shanxi refinery.
Xinfa source 100 per cent of their bauxite to feed this refinery from domestic sources within the island province of Shanxi.
Out of six alumina refineries Xinfa owns in China this is the only one impacted.
Metro’s Bauxite is supplied to Xinfa’s Refinery located in the coastal province of Shandong which is completely unaffected by any of the current environmental issues.
Metro is continuing to supply bauxite to Xinfa as planned under this offtake agreement.
Shares in Metro Mining
(ASX:MMI) closed -3.57 per cent lower at $0.135 yesterday.
