Kasbah is an ASX listed tin development company developing the Achmmach tin deposit in Morocco, the third largest undeveloped tin deposit globally. The mine will be underground with processing involving straightforward comminution and flotation to produce a high quality tin concentrate (~4,500tpa of tin). Kasbah is one of the few pure tin companies listed on the ASX.
Toyota Tsusho and Nittetsu have a 25% ownership at the project level. Strategic shareholders of Kasbah include Pala, African Lion and tin traders.
Tin prices have been steadily rising with demand forecast to continue to increase as additional new supply will not be immediately forthcoming.