A FULL revival of tin mining operations can potentially be lucrative ventures for governments in states with high tin deposits. Malaysia’s tin reserves – ranked the third largest in the world – are estimated at RM350bil or about one million tonnes currently.
Perak, for example, used to be the centre of tin mining activities, supplying to over 40% of the world’s tin market. The collapse in tin prices back in the early 1980s had resulted in the closure of many tin mines in the state.
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