Alphamin Resources temp ceases mining (!), page-6

1		13 Mar 2025 From the International Tin Association Tin prices are rallying following today's announcement that Alphamin is suspending operations at its Bisie mine in response to advancing militant groups in eastern DR Congo. After a correction in late February amid reports of a re-start to mining in Myanmar's Wa region, prices had already rebounded in March, driven by expectations that it would likely take several months for operations to fully resume. DR Congo and Myanmar accounted for 66% of China's tin-in concentrate imports in 2024, and this latest development is expected to further tighten feedstock supply in China where treatment charges continue to experience downward pressure. LME price is now approaching 000/t, a peak not seen since June 2022. Moreover, tin's LME fund positioning has again surged to the largest bull commitment since the LME began publishing such data in 2019. Tom Langston - Senior Market Analyst