Mining Ban by Myanmar’s Wa State to Exacerbate Tin Ore Shortages

Published: Apr 18, 2023 10:37
Wa State, Myanmar, has announced the suspension of its mining operations from 1st August 2023.

Wa State, Myanmar, has announced the suspension of its mining operations from 1st August 2023. The document released on 15th April 2023 by the Wa State Central Economic Planning Commission said, “in order to protect the remaining mineral resources in Wa State in a timely manner, all mining and excavation of mineral resources are suspended until mature mining conditions are in place”.  Mines with existing licenses will have three months to adapt to the new requirements.

Although the proportion of tin ore imported from Myanmar to the total import volume of China has been decreasing year by year, Myanmar is still the main source of China’s tin ore imports. If this policy is implemented, it will undoubtedly exacerbate the current situation of tin concentrate shortages, and even further affect the world's tin concentrate supply.

The International Tin Association (ITA) will pay close attention to the subsequent development of this incident.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Data: SHFE, DCE market movement (May 25)
10 hours ago
Data: SHFE, DCE market movement (May 25)
Read More
Data: SHFE, DCE market movement (May 25)
Data: SHFE, DCE market movement (May 25)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 May , 2026
10 hours ago
New Fed Chairman Reiterated Inflation Bottom Line Upon Taking Office, the Most-Traded SHFE Tin Contract Opened Higher Then Pulled Back [SMM Tin Midday Review]
14 hours ago
New Fed Chairman Reiterated Inflation Bottom Line Upon Taking Office, the Most-Traded SHFE Tin Contract Opened Higher Then Pulled Back [SMM Tin Midday Review]
Read More
New Fed Chairman Reiterated Inflation Bottom Line Upon Taking Office, the Most-Traded SHFE Tin Contract Opened Higher Then Pulled Back [SMM Tin Midday Review]
New Fed Chairman Reiterated Inflation Bottom Line Upon Taking Office, the Most-Traded SHFE Tin Contract Opened Higher Then Pulled Back [SMM Tin Midday Review]
[SMM Tin Midday Review: Newly Appointed Fed Chairman Reaffirmed Inflation Bottom Line Upon Taking Office, the Most-Traded SHFE Tin Contract Opened Higher Then Pulled Back]
14 hours ago
[SMM Tin News Brief: BOE Zhuhai Jingxin Mini LED Production Line Expected to Achieve Annual Output Value of 5 Billion Yuan After Reaching Full Production]
15 hours ago
[SMM Tin News Brief: BOE Zhuhai Jingxin Mini LED Production Line Expected to Achieve Annual Output Value of 5 Billion Yuan After Reaching Full Production]
Read More
[SMM Tin News Brief: BOE Zhuhai Jingxin Mini LED Production Line Expected to Achieve Annual Output Value of 5 Billion Yuan After Reaching Full Production]
[SMM Tin News Brief: BOE Zhuhai Jingxin Mini LED Production Line Expected to Achieve Annual Output Value of 5 Billion Yuan After Reaching Full Production]
According to Zhuhai Science and Technology Industry Group, Zhuhai is accelerating the formation of a complete display industry chain covering chip manufacturing, packaging and testing, and end-use applications. In the Micro LED golden track, the HC SemiTek Micro LED high-end chip integration project with a total investment of 5 billion yuan has been established in Zhuhai. Among them, the world's first 6-inch Micro LED mass production line has achieved large-scale delivery, and the BOE Zhuhai Jingxin Mini LED production line continues to expand its capacity. After all projects reach full production, the estimated annual output value is expected to reach 5 billion yuan, with annual tax contributions of approximately 500 million yuan. Zhuhai Science and Technology Industry Group is the second largest shareholder of HC SemiTek, having strategically invested nearly 3.4 billion yuan in HC SemiTek in May 2021.
15 hours ago