Metro Mining (ASX:MMI) announced financial results for the quarter ended 30 September 2022.

Continued performance improvements and return to positive site-level EBITDA.

Quarterly production and sales up approx. 25% on Q2.

Chinese bauxite demand continues to be strong, further price increases negotiated for Q4.

Expansion activities progressing well and within budget.

Successful equity raising completed to support expansion and other activities.

Balance sheet strengthened, cash on hand of $19m at 30-Sep-22.

NAIF loan facility process on track.

Following the announcement the company?s share price rose 3.846%.