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Gold/Mining/Energy : Rare Earth Elements and Exotic Metals

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To: LoneClone who wrote (16596)12/2/2019 2:28:46 PM
From: LoneClone  Read Replies (1) of 17122
Tin: Bridge collapse raises uncertainty over Alphamin exports from Bisie

Posted 2nd December 2019 in General News.
By Jessica Roberts

On 30 October, a major bridge collapsed some 53km south-east of Kisangani in Tshopo, DRC. Alphamin Resources, developer of the Bisie tin mine located in North Kivu, reported that the collapse occurred along the main provincial road used for exporting all concentrate and importing all major consumables.

Alphamin noted that it was investigating the most cost-effective logistical alternatives with the aim of maintaining full production. It has been reported that the bridge could be repaired within eight weeks.

Roskill view

Alphamin began commissioning Bisie in 2019 and tin production has continued to increase during the year, with output rising to 2.35kt for the quarter ending September 2019, compared to 0.6kt for the prior quarter. Plant recoveries averaged 65% in August and September, against design recoveries of 72%. Tin production was forecast to total 2.0-2.2kt for the December 2019 quarter, although this figure may be affected by any delays to the import of consumables for the operation.

Bisie is expected to be a key addition to the world tin feedstocks market, with a nameplate capacity of 9.9ktpy tin concentrate. Roskill is expecting a tight outlook for tin feedstocks over the coming decade, although the market should be sufficiently supplied if key projects ramp-up as forecast.

Roskill’s NEW Tin: Outlook to 2029 report was published in October 2019 and provides detailed analysis of trends in supply, demand, trade and pricing, as well as forecasts for the next decade and comprehensive profiles of leading players in the global tin industry. Click here to download the brochure and sample pages for the report, or to access further information.

Contact the author This article was written by Jessica Roberts. Please get in touch below if you wish to discuss further:

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