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Rwandan Mining Companies Expected to Boost Tin Exports Amid Record Prices

Investing News Network
Jul. 01, 2011 07:40AM PST
Industrial Metals Investing

Bloomberg reports that Rwandan mining companies are planning to increase the amount of tin they export.

Bloomberg reports that Rwandan mining companies are planning to increase the amount of tin they export.

The market news is quoted as saying,

Rutongo expects to double shipments to 200 metric tons a month by the end of 2012 from 100 tons currently, Michael Biryabarema, general director of the Rwanda Geology and Mines Authority said in a phone interview on June 28. The company, a joint venture between Rwanda’s government and Switzerland-based Ruddington Services AG, has increased exports from 3 tons a month three years ago, he said.

For the complete market news, click here.

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