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[sharechat] MBG.ASX Tin in for a significant price rise

From:	"david.gibson" <david.gibson@k.co.nz>
Date:	Tue, 30 Mar 2004 12:40:31 +1200

Some of the worlds largest computer manufacturers are abandoning lead in solder used to manufacture circuit boards. The replacement is Tin. See the following article:

http://www.theaustralian.news.com.au/common/story_page/0,5744,9114993%255E462,00.html

Malaysian interests (where the large Tin smelters are located) have secured a 30% stake in MBG.ASX and have recently appointed the Managing Director.

A worldwide shortfall in Tin production is forecast.

Tin recently hit a recent new high of US$8k per tonne - first time in 14 years.

MBG.ASX is Australia's largest producer of Tin.

Disclosure: Hold MBG.ASX

/dbg

References

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