Alphamin Begins Commissioning Bisie Tin Mine

- May 2nd, 2019

Construction of the mine, located in the Democratic Republic of Congo’s remote North Kivu province, was completed earlier this year.

Canadian-listed industrial metals company Alphamin (TSXV:AFM,OTC Pink:AFMJF) has begun the commissioning process for its flagship Bisie tin mine.

Located in the Democratic Republic of Congo’s remote North Kivu province, construction of the mine was completed earlier this year.

In late April, wet commissioning took place as a precursor to the hot processing that is now underway.

Hot commissioning will troubleshoot and assess the plant’s ability to process materials, as well as monitor the calibration and machinery involved in the processing feed.

The hot commissioning will run from April 25 to the week of May 5. “(It will) build up to instantaneous design throughput of 50 tons per hour into the jigging section and 8 tons per hour into the gravity concentration section,” notes the company announcement.

The Bisie project is considered one of the most significant high-grade tin deposits in the world, and it is expected to make a large contribution to the North Kivu economy once in full operation.

Following the present round of test commissioning, the company plans to enter the final commissioning phase of product optimization.

It is an advantageous time to open a tin mine. In 2018, global production was reduced by roughly 3,000 metric tons (MT), while tin production in the Congo — the world’s sixth largest producer — dropped by roughly 500 MT.

Despite global production falling in 2018, demand for tin is expected to steadily increase as the metal becomes more integrated in electric vehicle (EV) manufacturing.

In addition to the EV space, tin is also widely used to make food and beverage cans, as well as alloys.

Alphamin could stand to benefit from the growing need for tin. In 2016, the Bisie project had a measured resource of 19,600 tonnes of tin, an indicated resource of 188,400 tonnes of tin and an inferred resource of 22,800 tonnes of tin.

The current tin price on the London Metal Exchange is US$19,767.50 per tonne.

Shares of Alphamin were up 13.04 percent on Thursday (May 2), trading at C$0.27.

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Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

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