Mines: an improvement in tin prices expected in 2021
Financial risk management, solutions and information firm Fitch Solutions Country Risk and Industry Research expects global tin mine production to rebound this year as mines in Indonesia and Peru are not not hampered by government restrictions and can operate profitably in a higher tin price environment. Tin mine production is expected to grow by almost 97% year on year to reach 323,800 t. However, over the next decade, Fitch Solutions expects modest growth but slower than in the period 2010-2019, due to rising tin prices. He says that globally the tin…
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