Commodity demand is set to rise in 2014, as reported by Robin Bromby in today’s edition of The Australian, with tin stocks at a two-year low meaning the looming tin shortage is not going away.
As reported in the article:
“Stellar Resources (ASX: SRZ) is attracting European attention to its Heemskirk tin project in Tasmania which will, according to the pre-feasibility study, produce 4327 tonnes of tin a year, or 1.5 per cent of global mine supply. A private Luxembourg company last week took a $2.6m placement. Last year, a German private investor bought 18.4 per cent of the junior when fellow tin hopeful Gippsland (GIP) sold down its stake.”
In 2014 Stellar is set to continue to optimise its Heemskirk project’s Pre-Feasibility Study results with exploration of open pit targets at St Dizier, drilling of high grade targets and resource expansion drilling at Heemskirk and further metallurgical testing to improve recovery and concentrate grade.
For more recent news from Stellar visit the company website.
