Myanmar

Andy Home: Tin bulls retreat as Myanmar flags the return of a key mine

The Wa State in Myanmar, a semiautonomous region, has finally broken a year-long silence about the fate of Man Maw Tin Mine. The mine is a jewel in Myanmar's crown of tin and its suspension, since August 2023 ostensibly to conduct an audit, has cut the flow of raw tin materials into Chinese smelters thereby reducing the output of refined metal. The Wa authorities now say they are ready for applications to be submitted for mining and processing licenses at Man Maw. This indicates that it is likely to return in the second half of this year. The International Tin

Mineral Resources

Andy Home: Tin bulls retreat as Myanmar flags the return of a key mine

Myanmar's Wa State is looking at resuming mining

Nyi Rang, the Wa State spokesperson, said on Friday that Myanmar is considering allowing mining in the region rich in tin to resume. Nyi Rang confirmed that an announcement circulated on Chinese social media by the Wa State Industrial Minerals Management Bureau, which outlined the process for obtaining permits for mining and exploration. Nyi Rang has not provided a timeline for the restart of mining. Mines in Wa provide 70% of Myanmar's tin, which is the third largest producer on the planet and the dominant supplier to China. Wa State, unlike the majority of Myanmar which is controlled by the

Mining

Tin production may resume in Myanmar's Wa State after a three-week slump

Tin prices hit 4-month peak on declining stocks, tight supplies

Prices of soldering tin reached four-month highs Tuesday due to concerns about the supply from Indonesia, a major producer. Also, stocks registered at the London Metal Exchange have been declining. The benchmark tin price on the LME rose 0.5% to $32,850 per metric tonne after reaching $33,065, which was its highest level since October 14, and has gained 14% this year. After Indonesia's January refined-tin exports fell 67% from December to 1,566 tonnes, prices of the metal have risen higher than other metals traded on the LME. A tin dealer said that the approval time for export permits is expected

Indonesia

6 dead as boat bring almost 100 Rohingya gets here in Indonesia

6 people have actually died as almost 100 Rohingya landed by boat in Indonesia's Aceh province, a local fishing neighborhood said on Thursday, in the latest wave of arrivals to the Southeast Asian nation in current days. Miftach Tjut Adek, chief of the neighborhood, told Reuters that the 96 arrivals, consisting of seven children, were still at the local beach in the eastern part of Aceh on Sumatra island. There is no service yet, they are still at the beach, stated Miftach. About 300 Rohingya came ashore last week in Indonesia's Aceh and North Sumatra provinces. The United Nations' refugee

6 dead as boat bring almost 100 Rohingya arrives in Indonesia