DRC Tin Exports Reach $409 Million in First Nine Months of 2024
Between January and September 2024, the Democratic Republic of Congo (DRC) generated $409 million from tin concentrate exports, according to a report from the Technical Unit for Coordination and Mining Planning (CTCPM), under the Ministry of Mines.
In the third quarter of 2024, industrial mining dominated tin concentrate exports, accounting for 65% of total shipments and generating approximately $178.4 million. This reflects strong international demand for tin.
Artisanal tin concentrate exports during this period originated primarily from Haut-Lomami (48%), followed by Maniema (26%), South Kivu (17%), Tanganyika (6%), and North Kivu (3%). These artisanal exports contributed over $43 million in revenue.
The DRC is benefiting from rising tin prices, boosting export earnings. Alphamin, a major player in the sector, has projected production of 17,000 to 18,000 tonnes for 2024, an increase from the previous year.
This growth is further supported by constrained global supply, particularly from key producers like Indonesia and Myanmar. The strong performance in the first nine months of 2024 highlights the resilience of the Congolese mining sector and its potential for continued expansion.
With sustained global demand and favorable price trends, the DRC is well-positioned to capitalize on these economic opportunities in the coming years.
