Perak state: High price makes tin mining conducive
The Staronline.com reports that the government of Perak is recognizing the value reviving of tin mining in Malaysia, based on supply and demand issues, and the subsequently higher tin prices.
Articles Tagged "malaysian tin"
Buoyant Demand Pushes Up Tin Price
Malaysian tin jumped 7.5 per cent to score more than a 4-month high on Monday to US$ 12,080, as soaring London Metal Exchange prices and buoyant demand led by Europe boosted prices, one dealer said. The current price level was unseen since December 12, 2008. Tin price had peaked at $25,495/t in May 2008, but then slumped by more than 50 per cent in five months, due to the global financial crisis.
