Tin declined in the absence of demand

Tin declined in the absence of demand from industrial users.
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Acquisition of Stannary Hills Tin Mining Leases and App 3B

North Queensland Metals Limited has acquired a suite of tin mining leases immediately to the north of NQM’s EPM 14741 tenement at Herberton, in far north Queensland.
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Tin prices up on sustained industrial demand

Tin prices shot up further in a narrowly mixed non-ferrous metal market here today on sustained industrial demand.
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Timah’s Tin Sales Dropped 20% in 2008

State mining firm PT Timah Tbk, the world’s second-largest tin producer, said on Wednesday that its sales of the metal dropped 20 percent in 2008 due to slowing global demand as well as widespread illegal mining.
Wachid Usman, Timah’s president director said:

Tin sales had fallen to 46,438 tons in 2008 from 57,897 tons a year [...]

Many existing producers have shut down or curtailed output

Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite.
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Columbia Falls is to curtail the last operating potline

Columbia Falls is to curtail the last operating potline at its 168,000 tonnes per year (tpy) smelter in the United States.
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Dowa Holdings Co Ltd said it would curb output

Japan’s Dowa Holdings Co Ltd said it would curb output by about 10 percent from its initial plan from February.
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Indonesia will cut a target cap on tin production

 Indonesia will cut a target cap on tin production this year to below a planned 100,000 tonnes because of falling prices.
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Acquisition of Stannary Hills Tin Mining Leases and App 3B

North Queensland Metals Limited has acquired a suite of tin mining leases immediately to the north of NQM’s EPM 14741 tenement at Herberton.
For full story, click here

Tin price decreased by USD 205 per tonne

Tin price decreased by USD 205 per tonne and zinc price saw a dip of USD 31 per tonne.
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