16 Jul Alphamin raises tin production by 29%
(TSXV:AFM) (JSE: APH) tin mine in North Kivu, DRC, will soon become one of the top five tin producers in the world. Alphamin’s rise through the ranks of top global tin miners was expected. However, the mine’s elevation as a prime mover happened only a year after hot commissioning. This year, Alphamin’s mine will challenge Renison, a tin operation in Tasmania, Australia, as the sixth largest tin mine in the world. Renison, 50% owned by Metal X, is in the process of a new optimisation study and life of mine (LOM) plan. The ASX listed group hopes to increase Renison’s current production of about 7,000t of tin-in-concentrate per year, to more than 10,000t per year from the middle of 2025. In contrast to Alphamin, where operations kicked off a little more than a year ago, Renison started mining in the early 1950s. Alphamin is targeting approximately 12,000t of contained tin per annum within the next two years. The mine has reached the 10,000t of contained tin per year mark reasonably quickly under extreme difficult operating conditions, Covid-19-restrictions, and initial teething problems.
Publication: Core Consultants