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LME tin price rises to $37,100 per metric ton, highest since mid-2022

Published by Global Banking & Finance Review

Posted on March 14, 2025

1 min read

· Last updated: January 24, 2026

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LME tin price rises to $37,100 per metric ton, highest since mid-2022
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LME Tin Price Surges to $37,100, Highest Since Mid-2022

SHANGHAI (Reuters) - The three-month tin price on the London Metals Exchange(LME) rose 3.3% to $37,100 per metric ton as of 0241 GMT on Friday, the highest since June 8, 2022, following Alphamin Resources' decision to halt operations at its tin mine in the Democratic Republic of Congo due to the advance of rebels towards the site.

(Reporting by Violet Li and Mei Mei Chu; Editing by Himani Sarkar)

Key Takeaways

  • LME tin price reaches $37,100 per metric ton.
  • This is the highest price since June 2022.
  • Alphamin Resources halts operations in Congo.
  • Rebel advances prompt the mine shutdown.
  • Market reacts to supply concerns.

Frequently Asked Questions

What is the main topic?
The article discusses the rise in LME tin prices to $37,100 per metric ton, the highest since mid-2022, due to Alphamin Resources halting operations in Congo.
Why did Alphamin Resources halt operations?
Alphamin Resources halted operations at its tin mine in the Democratic Republic of Congo due to the advance of rebels towards the site.
How has the market reacted to the halt in operations?
The market reacted with a surge in tin prices on the London Metals Exchange, reaching the highest level since June 2022.

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