Tin jumped the most in nine months after a key mining region in Myanmar, the world’s third-biggest supplier, moved to curtail digging of the material used in electronics and cans.
An economic planning committee in a northern area of the country controlled by the United Wa State Army — Myanmar’s largest ethnic armed organization — ordered a general halt to mining operations, according to an International Tin Association note to its clients seen by Bloomberg News. The ITA cited an April 15 notice from the committee, which also said producers with valid contracts can continue until Aug. 1.
