Tin Stocks

Yunnan Tin Co., Ltd. is the only mainland Chinese A-share company spanning the full tin value chain. Its operations include the Datun, Laochang and Kafang mining branches, tin smelting and downstream tin-materials activities. The company also produces indium, zinc and copper, so it is a diversified non-ferrous-metals business rather than a pure-play tin miner.

The company is controlled by Yunnan Tin Group (Holding). Yunnan Tin reports 80,000 tonnes of annual tin-smelting capacity and has ranked as the world's largest refined-tin producer in the International Tin Association's producer surveys.

Minsur S.A. is a Lima-listed Peruvian mining company with material tin, copper and gold exposure. Its tin chain runs from the high-grade San Rafael underground mine and the B2 tailings-reprocessing plant in Puno to the Pisco smelter and refinery on Peru's coast.

Minsur ranked second in the International Tin Association's 2024 refined-producer survey at 36,300 tonnes. The listed MINSURI1 line consists of investment shares, and the wider group is diversified through assets including the Mina Justa copper operation.

PT TIMAH Tbk is an IDX-listed, state-controlled tin miner and refiner operating principally in Bangka Belitung and the Riau Islands. Mining uses both onshore contractors and an offshore fleet of dredgers and production suction vessels; concentrates are refined at the Mentok and Kundur smelting centres into LME-registered tin brands.

In 2025 PT TIMAH produced 18,635 tonnes of tin ore and 17,815 tonnes of refined tin, and exports represented 95% of tin-metal sales that year. Production remains sensitive to ore availability, licence timing, contractor output and the productivity of its land and offshore fleet.

Alphamin Resources produces high-grade tin concentrate from the Mpama North and Mpama South underground mines at Bisie in the DRC. Mpama South entered production in 2024 and lifted the complex to an annualised production capability of about 20,000 tonnes of contained tin. Alphamin reported record 2025 production of 18,576 tonnes despite a temporary security-related shutdown.

The mines are held through Alphamin Bisie Mining SA. Alphamin's effective interest is 84.14%; the Industrial Development Corporation of South Africa owns 10.86% and the DRC Government holds a non-diluting 5% interest. Security and logistics in North Kivu remain material operating risks.

Metals X Limited is an ASX-listed mining investment company whose flagship asset is a 50% equity interest in the Bluestone Mines Tasmania joint venture. The joint venture operates Renison, Australia's largest tin mine, and produces tin concentrate with copper as a by-product.

The company also holds a portfolio of strategic equity investments, including stakes in listed tin developers. Those investments provide additional sector exposure, but Renison is the operating asset that drives Metals X's production and cash flow.

Malaysia Smelting Corporation Berhad is a Bursa Malaysia-listed tin group active in upstream mining and custom smelting. Its wholly owned Rahman Hydraulic operation is Malaysia's largest open-pit eluvial tin mine, while the Pulau Indah smelter processes company-owned and third-party tin-bearing feed into refined metal ranging from LME Grade A to higher-purity products.

The group's operations are today wholly tin-focused and confined to Malaysia. Its former Indonesian mining arm, PT Koba Tin, ceased mining in 2012, and the related Indonesian subsidiaries were divested in 2013.

Cornish Metals plc is an AIM-listed developer working to reopen the historic South Crofty tin mine in Cornwall. The project is permitted for underground mining and a new processing plant, and the company is rebuilding shaft and surface infrastructure ahead of a final investment decision.

The October 2025 preliminary economic assessment outlined average post-ramp-up production of about 4,700 tonnes of tin in concentrate over a 14-year mine life. In 2026 Cornish Metals secured the debt portion of its development financing and continued to target first concentrate in 2028.

Eloro Resources Ltd. is a TSX-listed explorer focused on the 100%-owned Iska Iska silver-tin polymetallic project in Bolivia's Potosi Department. The April 2026 resource update defined separate silver-polymetallic and tin domains within a very large mineralised system.

The updated estimate included approximately 290,000 tonnes of tin in the inferred category across the broader resource, and Eloro is drilling to expand and upgrade higher-grade silver-tin zones. Iska Iska remains pre-economic and exploration-stage, with metallurgy and a preliminary economic assessment still required.

Sky Metals Limited is focused on 100%-owned tin projects in New South Wales. Tallebung is the priority asset and is being evaluated as an open-pit development, while the larger Doradilla mineralised system provides a second potential development opportunity.

The company is conducting resource drilling, metallurgy and mining studies rather than operating a commercial mine. It therefore offers early-stage tin exposure with the higher geological, study, permitting and financing risks typical of a junior developer.

Andrada Mining is an AIM-listed critical-minerals producer centred on the Uis mine in Namibia. Uis produces tin concentrate and has by-product tantalum exposure, while the company is evaluating lithium and tungsten growth across its wider licence portfolio.

For the year ended February 2026, Andrada reported record tin-concentrate production of 1,740 tonnes. Its operating status gives investors direct current tin exposure, although the investment case is increasingly polymetallic rather than a pure tin-only proposition.

Elementos Limited is an ASX-listed tin developer whose priority asset is the Oropesa project in Andalucia, Spain. An April 2025 definitive feasibility study evaluated average production of about 3,400 tonnes per year of contained tin in concentrate over a 12-year mine life.

The company also owns the historic Cleveland tin-copper project in Tasmania and is pursuing a broader European mine-to-metal strategy around Oropesa. Oropesa remains subject to permitting, financing and construction before it can enter production.

Stellar Resources Limited is an ASX-listed developer focused on the 100%-owned Heemskirk tin project near Zeehan in western Tasmania. The project includes the Severn, Queen Hill and Montana deposits, with St Dizier as a nearby satellite deposit.

A July 2026 resource update reported 13.36 million tonnes grading 0.86% tin, containing 115,300 tonnes of tin. Stellar is advancing a pre-feasibility study, so Heemskirk remains pre-production and subject to technical-study, permitting and financing risk.

First Tin Plc is a London-listed tin development company with two flagship assets: Taronga in New South Wales, Australia, and Tellerhauser in Saxony, Germany. Taronga has a definitive feasibility study, while Tellerhauser is progressing through pre-feasibility and permitting work.

The 2025 annual report described target production of roughly 6,000 tonnes per year of tin concentrate at Taronga and about 5,500 tonnes per year at Tellerhauser. Both remain pre-production projects, so permitting, financing, construction and commodity-price assumptions are central risks.

Rome Resources Plc is an AIM-listed explorer focused on two contiguous permits that form the Bisie North project in North Kivu, DRC. The licences lie along the Bisie mineralised trend near Alphamin's Mpama operations and host tin-bearing polymetallic mineralisation.

Bisie North is still an exploration project without a declared operating mine. Rome therefore carries substantial geological, funding, security, infrastructure and permitting risk, and should not be compared directly with established tin producers.