Constrained Chinese market struggles to source tin
Despite the large arbitrage between the Chinese domestic tin price and the LME price, imports of refined tin into China were lower than expected in October. China’s import arbitrage continued to widened from September as the SHFE tin price performed better than the...
AfriTin raise £3.8m to continue Uis development
AfriTin Mining has raised £3.8 million to fund the continued development and commissioning of the Uis tin mine in Namibia. The company announced the securement of the funds on 26 November. The funds were raised through the issuance of loan notes with AfriMet...
EU to probe Metallo/Aurubis merger
European antitrust regulators are to investigate the acquisition of Metallo Group, the Belgian and Spain-based tin recycler, by Aurubis on the basis that the merged entity "could hold a dominant position in the procurement of copper scrap for refining", according to...
MacDermid Alpha acquire Kester solder
US solder producer Kester has announced its acquisition by Element Solutions Inc (ESI), owner of MacDermid Alpha, effective December 2nd 2019. MacDermid Alpha is already one of the world's leading solder producers, with global operations headquartered in the US. The...
MSC: Outlook weakened by low solder demand
Malaysian tin miner and smelter Malaysian Smelting Corporation Bhd (MSC) expects the tin market to be challenged for the rest of the year due to weak demand on the back of the prolonged trade tensions between the US and China. The comment from CEO Datuk Dr Patrick...
Bridge collapse dampens Bisie outlook
Alphamin Resources has been struck a blow in its ramp-up to full production at its Bisie mine after a key bridge collapsed along its export route. Concentrate produced from Alphamin's Bisie mine is usually trucked over the Maiko Bridge at Lubutu, then to Walikale....
Mine accident further tightens Chinese tin market
The already tight tin concentrate market in China has been dealt a further blow after a mine collapsed near the city of Hechi, Guangxi province, killing two and trapping a further 11 people. At about 6:30 on 28 October, the roof at a mine owned by Qingdaxiyuan Mining...
YTC announce smelter maintenance
The world's largest refined tin producer, Yunnan Tin Co. (YTC), has announced that its Ausmelt smelter will enter scheduled maintenance starting from 21 October. In 2018, YTC produced some 78,000 tonnes of refined tin, making it the world's largest refined tin...
Production triples at Bisie
Alphamin has continued its ramp-up of the Bisie tin mine, producing nearly 2,500 tonnes of tin-in-concentrate during the third quarter. This is up 269% on the previous quarter according to the company. All three factors affecting tin production increased during the...