AfriTin Mining Limited, a tin mining company with assets in Namibia and South Africa, announces production of its first tin concentrate production at its flagship Uis Tin Mine in Namibia. Furthermore, the Company has entered into an offtake agreement with Thailand Smelting and Refining Co., Limited.
Tin production comes soon after the Company announced the completion of the Phase 1 Pilot Plant on 26 July 2019 and that hot and cold commissioning were nearing completion ahead of production ramp-up (see the Company's announcement on 31 July 2019). The Company will now focus on ramping up the plant to its design capacity of 500,000 tonnes of ore per annum, which will produce approximately 60 tonnes of tin concentrate per month by the end of Q4 2019.
The Uis Tin Mine, once home to the largest conflict-free hard-rock tin mine in the world, was discovered in 1911 with mining commencing in 1950. As a result of unfavorable market conditions at the time, the mine went into care and maintenance and was then closed. This tin concentrate is the first produced since the closure of the mine and is an important milestone for the Company as well as having a significantly positive impact on the community of Uis.