DRC set to overtake China, Indonesia as world’s biggest tin supplier
Apr 25, 2012 | 07:54 AM
|
The Democratic Republic of Congo (DRC) is set to overtake China and Indonesia as the world’s largest tin supplier in five to ten years, sources said on the sidelines of the International Tin Conference in Cape Town, South Africa.
“There is no doubt about it. We are already the biggest supplier in Africa, and the fifth-largest in the world,” John Kanyoni, vice president of the DRC’s Chamber of Mines, said.
“In 2010, we supplied about 6% of the world’s total output. There are still so many untapped resources. Based on the resource estimates, we may hold 50% of the world’s tin reserves,” Kanyoni said.
Congo exported an annual average of 8,560 tpy of tin concentrates between 2007-2011.Tin mining areas include North Kivu, South Kivu, Maniema, and Katanga.
By comparison, Indonesia,....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here