Tin’s New Frontier Myanmar Threatens Indonesia’s Hold
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Myanmar is emerging as the new frontier in the tin industry as Indonesia, the biggest shipper, seeks to restrict supply and boost prices.
Output in Myanmar will rise by 12 percent to 28,000 metric tons next year, giving it 10 percent of the global market, according to ITRI Ltd., a St. Albans, England-based industry group. Production will keep increasing partly because Myanmar Pongpipat Co. plans to expand its southern Heinda mine, Managing Director Kriangkrai Chavaltanpipat said in an interview.