AfriTin Mining’s (ATM) flagship asset is the Uis tin mine in Namibia comprising a large tin (Sn), tantalum (Ta) and lithium (Li) bearing pegmatite field that is fully permitted and currently producing tin-in-concentrate.
Mining operations have returned to full-scale following easing of COVID-19 restrictions. Production is now being ramped up to 747tpa of Sn concentrate with an off-take agreement already in place.
A phased development approach is planned over the near-term by increasing throughput by 50% plus the production of Li and Ta concentrates for potential revenue streams.
Given the strong demand for tin forecast over the medium to long-term, on the back of new applications for the high value metal, we believe ATM has a compelling investment case. As such, ATM is an inexpensive play on the fundamentally attractive tin market within a mining-friendly jurisdiction and currently the only pure tin play on AIM.
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