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AfriTin commissions expansion at Uis

The commissioning of AfriTin Mining’s Uis Phase 1 Expansion Project is completed, the African technology metals mining company said this morning.

Production is projected to ramp up from 780 to 1200 tpa of tin concentrate over the next three months, AfriTin said in a regulatory announcement on its website.

According to AfriTin’s CEO, Anthony Viljoen CEO: “The beneficiation plant is performing well, and the production ramp-up from pre-expansion levels is going according to plan. The potential production of lithium and tantalum by-products is also expected to benefit from the expansion of the throughput capacity of the plant, since these minerals will be extracted from the existing processing streams.”

Viljoen added: “Our team has once again demonstrated the ability to deliver value accretive projects. Our development strategy is centred on driving costs down whilst expanding our mineral resource base, production volumes and product portfolio of tin, lithium and tantalum with the concomitant increase in revenue streams. We remain committed to our goal of becoming a tier-one producer of technology metals."

AfriTin Mining Limited is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, producing and exploration assets. The company's flagship asset is the Uis Tin Mine in Namibia, formerly the world's largest hard-rock open cast tin mine.

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%