[SMM Tin News: Andrada Signs Exclusive Offtake Agreement with Thaisarco for Uis Tin Concentrates]
August 28 news from international media: Andrada Mining announced that its long-term tin product offtaker, Thailand Smelting & Refining Co (Thaisarco), has strengthened its supply agreement with Andrada’s wholly owned subsidiary Uis Tin Mining Company (UTMC), securing exclusive purchasing rights for all tin concentrates produced at the Uis mine. Thaisarco also paid a $3 million unsecured exclusive cooperation advance, and UTMC may independently determine the repayment arrangement according to the agreed repayment terms. The agreement locks in a long-term sales channel for Uis tin concentrates, provides revenue security for stable mine operations, and also reflects downstream smelters’ recognition of the quality of Andrada’s tin resources.