Bloomberg’s Chanyaporn Chanjaroen reports on Australia’s largest tin miner boosting supplies despite cuts in sales from Indonesia. The company plans to increase output by about 14 percent, despite a two-year slump in prices. ITRI‘s Peter Kettle reacted positively to the news saying, “Myanmar and Australia are really the only things that stand out in terms of supply increase.” The mine in Tasmania has produced 6,000 to 8,000 tons annually for more than 40 years. The news is encouraging for Stellar Resources as it continues to expand activities around its Heemskirk Tin Project, also located in Tasmania, to realise its goal of becoming the second largest tin producer in Australia.
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