梅特罗矿业11月铝土矿出货量环比增长年度目标韧性可期

基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

基础金属

铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁

稀有金属

稀土稀土矿稀土氧化物稀土金属钕铁硼 稀散金属锑铋铟锗镓硒钽锆 贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒

新能源

锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰 锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

梅特罗矿业11月铝土矿出货量环比增长年度目标韧性可期

2025-12-05 16:57:10 来源：北方有色网责任编辑：王欣悦

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2025年11月，澳大利亚纯铝土矿生产商梅特罗矿业(Metro Mining)交出亮眼运营成绩单，其铝土矿出货量达78.3万湿吨，较10月环比增长6.5%，延续了年内稳步增长的态势。截至11月末，公司年初迄今铝土矿累计出货量已达560万湿吨，为年度目标的达成奠定坚实基础。

值得关注的是，这一业绩是在多重挑战下实现的。11月下旬，热带气旋Fina以二级强度逼近澳大利亚北领地海岸，核心区域风速达95公里/小时，阵风峰值更是高达130公里/小时，对矿业运输、港口作业构成显著威胁。同时，公司同期开展的设备常规维修活动也在一定程度上占用了生产资源。尽管面临双重压力，梅特罗矿业仍通过优化生产调度、依托韧性运营体系化解影响，彰显了成熟的风险应对能力。

从年度目标来看，公司当前进度已处于合理区间。结合560万湿吨的累计出货量计算，若要完成620万-660万湿吨的年度指导目标，12月仅需实现60万-100万湿吨的出货量，这一任务在历史数据面前具备较强可行性——该公司2024年12月曾创下单月48万湿吨的出货纪录，且2025年6月、7月分别实现67.2万湿吨、71.4万湿吨的高位出货。

支撑公司达成目标的核心优势体现在多方面。作为专注铝土矿业务的矿业企业，其核心资产Bauxite Hills矿区拥有1.5亿吨资源储量，矿石平均氧化铝含量约50%且杂质含量低，高度适配中国高温拜耳法冶炼工艺，这使其与中国主流氧化铝精炼厂建立了稳固的战略合作关系，中国市场占比超70%。同时，公司通过产能扩张和设备升级，已实现700万吨/年的年化生产能力，叠加露天开采模式带来的低成本优势，使其在当前铝土矿价格震荡下行的市场环境中仍保持较强竞争力。

从行业背景来看，当前全球铝土矿市场正处于供需结构调整期。2025年1-10月中国铝土矿累计进口量达17140万吨，同比增长30.11%，但受氧化铝产能过剩影响，铝土矿价格从年初120美元/吨跌至71美元/吨。在此背景下，梅特罗矿业凭借稳定的客户渠道和成本控制能力，仍能保持出货量增长，进一步巩固了其在亚太市场的地位。公司CEO西蒙·温斯利此前表示，通过持续的扩张计划，企业正稳步迈向亚太地区低成本铝土矿供应商的目标。

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梅特罗矿业11月铝土矿出货量环比增长 年度目标韧性可期

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