Brazil Poduction Sumps -Shanghai Metals Market

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Brazil Poduction Sumps

Industry News 08:55:26AM Mar 19, 2010 Source:SMM

BEIJING, Mar. 19 -- Brazil's mine production of tin fell by over 20% last year, according to figures released by industry association Sindicato Nacional da Indústria da Extração do Estanho (SNIEE). Refined tin output also declined slightly, although Brazilian producers boosted their metal sales in their domestic market by 32%.

2009 production of tin-in-concentrates amounted to 10,380 tonnes, down from 12,992 tonnes in 2008, while refined tin production fell by 3.3% to 10,446 tonnes. The main reason for the fall was a slump in production at Taboca's Pitinga mine, which is being extensively re-organised following its acquisition by Minsur at the end of 2008. Mine output fell by 58% to 2,626 tonnes, while the company's refined metal production dropped by 54% to 2,744 tonnes. The declines were partly offset by a more than doubling of refined tin production by White Solder to 2,197 tonnes and higher production by small mines and smelters.

 

 

Brazil Poduction Sumps

Industry News 08:55:26AM Mar 19, 2010 Source:SMM

BEIJING, Mar. 19 -- Brazil's mine production of tin fell by over 20% last year, according to figures released by industry association Sindicato Nacional da Indústria da Extração do Estanho (SNIEE). Refined tin output also declined slightly, although Brazilian producers boosted their metal sales in their domestic market by 32%.

2009 production of tin-in-concentrates amounted to 10,380 tonnes, down from 12,992 tonnes in 2008, while refined tin production fell by 3.3% to 10,446 tonnes. The main reason for the fall was a slump in production at Taboca's Pitinga mine, which is being extensively re-organised following its acquisition by Minsur at the end of 2008. Mine output fell by 58% to 2,626 tonnes, while the company's refined metal production dropped by 54% to 2,744 tonnes. The declines were partly offset by a more than doubling of refined tin production by White Solder to 2,197 tonnes and higher production by small mines and smelters.