Bolivia Tin Mining Forecast

We believe that Bolivia’s tin production growth will remain muted due to a weak and slow-moving project pipeline and the negative impact of the Covid-19 pandemic. Production will remain relatively stagnant over the coming years but still accelerate compared with the previous 10-year period. According to USGS estimates in 2020, Bolivia’s tin mine production totalled 16.9kt in 2018 and 17.0kt in 2019. We forecast Bolivia’s tin mine production to grow by 17.0% in 2021 to total 17.1kt and average 3.4% over our long-term forecast period (2021-2030) to reach 20.3kt.