Rwandan Mining Companies Expected to Boost Tin Exports

Bloomberg reports that Tin producers in Rwanda including Rutongo Mines Ltd. intend to increase exports as the nation seeks to gain from record prices for the metal.

The market news is quoted as saying:

Three-month delivery tin rose 0.2 percent to $25,900 a ton at 12:44 p.m. on the London Metal Exchange. The metal, which traded at a record $33,600 a ton on April 11, has gained 49 percent over the past 12 months. Tin may trade at $23,000 to $27,000 a metric ton in the second half of this year as demand from Japan remains weak after an earthquake and tsunami in March, according to PT Timah, the world’s biggest exporter.

Click here to access the entire news

Get the Latest Tin Investing Stock Information

Get the latest information about companies associated with Tin Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

FREE Report - How Will Trump Affect Your Gold Investments? 

Trump’s policies are affecting gold. You should know what’s going on. Click here to get our FREE report.

Click here to get your free report!

Discover what the experts see coming in the Age of Trump with our INN Insider's Report free of charge! Includes expert insights into Trump and his effect on mining and gold.


Leave a Reply