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ITRI is the only organisation dedicated to supporting the tin industry and expanding tin use. It is supported by the world's most important tin producers and smelters.

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Latest News

  • 95% of company due diligence policies not aligned with OECD

    by: Jeremy Pearce, on Tuesday, 21 November 2017

    A recent consultant study has concluded that 95% of downstream companies belonging to the Responsible Minerals Initiative (RMI) had responsible sourcing policies that were not aligned with OECD Due Diligence Guidance. If this typical level of engagement is not improved by 2023, the consultants warn that the EU may extend mandatory due diligence obligations downstream.

    The research, by Kumi Consulting, London was carried out independently in September 2017 in the context of the new EU Regulation on due diligence...

  • Minsur output mixed in Q3

    by: Tom Mulqueen, on Friday, 17 November 2017

    Minsur has announced mixed results for its Peruvian and Brazilian tin operations in Q3, with Peruvian refined tin production falling 4% year-on-year to 4,991 tonnes, in line with guidance, while refined tin output from Brazilian operations fell 6% to 1,629 tonnes.

    The decline in Peruvian production was mainly due to an 8% lower ore grade fed into the San Rafael plant of 1.86% Sn, partially offset by higher tin recoveries, with production from the mine falling 5% year-on-year to...

  • Minsur proceeds with $195 million B2 development

    by: Tom Mulqueen, on Friday, 17 November 2017

    Leading South American tin producer, Minsur, has announced board approval for a US$195 million investment to execute its B2 tailings retreatment project, situated next to the operating San Rafael tin mine in Peru.

    The operation is designed to produce some 5,000 tpa of tin over a 9-year mine life, at projected cash costs of some $5,500 per tonne. Development will entail construction of a new tailings dam as well as a new 3,000 tpd processing plant to treat the...

  • Alphamin secures $80 million loan for Bisie development

    by: Tom Mulqueen, on Friday, 17 November 2017

    Toronto-listed Alphamin Resources has signed a US$80million credit agreement with a syndicate of lenders to help fund the development of its Bisie tin mine in DR Congo and hopes to raise the remaining required amount through private placements by the end of 2017.

    The lending syndicate includes Sprott Private Resource Lending, Barak Fund SPC Limited and Tremont Master Holdings. In addition to the $80 million credit agreement, the Industrial Development Corporation and Tremont have committed to investing $13.7m at...

  • Tin the forgotten EV metal?

    by: Tom Mulqueen, on Thursday, 16 November 2017

    Opportunities for growth in the quantity of tin used in solder and batteries as a result of the electric vehicle revolution were presented by ITRI at two Australian tin mining investment seminars in Sydney and Melbourne in early November.

    The full presentation, which also detailed our latest view of the medium-term tin market outlook, can be downloaded in full here.

  • PT Timah maintains strong performance in Q3

    by: Tom Mulqueen, on Thursday, 16 November 2017

    State-owned Indonesian tin producer, PT Timah, has reported refined tin production of 7,932 tonnes for Q3 2017, effectively unchanged from Q2, but up 22.5% year-on-year.

    Mined tin output fell 7.5% to 7,776 tonnes from the previous quarter, but was up 13.3% on the previous year. The company's refined tin stocks at the end of the quarter rose 4.6% year-on-year to 3,966 tonnes, while tin contained in ore and slag stocks rose 14% to 11,478 tonnes. Refined tin production over...

  • Conflict minerals reporting research emphasises need for mine-based risk control

    by: Jeremy Pearce, on Wednesday, 15 November 2017

    Research published in October 2017 has highlighted a 'troubling trend' in 2017 corporate conflict minerals reporting towards more 'tick-box' compliance testing and away from stronger 'risk-based' due diligence approaches to use of 3T and other minerals in their products. This emphasises the importance of programmes such as iTSCi that aim to control risk at mine sites themselves rather than entirely rely on downstream or smelter efforts that are very remote from the real issues.

    'Mining the Disclosures 2017' was...