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Yunnan Tengyang Mining not to resume tin concentrate production in 2019

2019-11-08 10:03:52  【Print】
BEIJING (Asian Metal) 8 Nov 19 - Due to local environmental protection, Yunnan Tengyang Mining Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, one of major tin concentrate producers in Baoshan, Yunnan, doesn't expect to resume tin concentrate production in 2019, a source from the company disclosed to Asian Metal.

"Baoshan government is improving mines now and doesn't approve explosives, so we expect to resume tin concentrate production after the Spring Festival at the earliest," the source said, adding that the local government is also working on the ecological protection red lines. Some local mining companies fail to renew mining license at the moment and all local mines will be out of production before the Spring Festival.

The company mines tin raw ore with grade of about 0.5% from its own mine and produces tin concentrate 40%min in its dressing plant, which has a daily handling capacity of 500t.Asian Metal Copyright It halted production for prospecting after this New Year's Day as the grade of raw ore decreased to about 0.Asian Metal Copyright It halted production for prospecting after this New Year's Day as the grade of raw ore decreased to about 0.Asian Metal CopyrightBEIJING Asian Metal 8 Nov 19 - Due to local environmental protection, Yunnan Tengyang Mining Co.Asian Metal Copyright2% and found a new source within the previous mining area in June, the dry season in Yunnan.Asian Metal Copyright2% and found a new source within the previous mining area in June, the dry season in Yunnan.Asian Metal Copyright Then the local government improved mines.Asian Metal Copyright It totally produced about 200 metal tons of tin concentrate 40%min in 2018 and produced about 25 metal tons every month before production suspension.Asian Metal Copyright As a result, it has been out of production by now.Asian Metal CopyrightBEIJING Asian Metal 8 Nov 19 - Due to local environmental protection, Yunnan Tengyang Mining Co.Asian Metal Copyright It totally produced about 200 metal tons of tin concentrate 40%min in 2018 and produced about 25 metal tons every month before production suspension.Asian Metal Copyright67metal ton from Wednesday.Asian Metal Copyright It mainly sells its product to Gejiu-based smelters and holds no stock for the moment.

This Thursday, mainstream prices for tin concentrate 40%min were RMB124,500-125,500/metal ton (USD17,845-17,989/metal ton) in Gejiu, up by RMB500/metal ton (USD71.67/metal ton) from Wednesday.

.Asian Metal CopyrightBEIJING Asian Metal 8 Nov 19 - Due to local environmental protection, Yunnan Tengyang Mining Co.Asian Metal Copyright