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Alphamin to Supply Bisie Tin Concentrate to New US Smelter
Alphamin Resources Corp.
Continued in the Republic of Mauritius
Date of incorporation: 12 August 1981
Corporation number: C125884 C1/GBL
TSX-V share code: AFM
JSE share code: APH
ISIN: MU0456S00006
ALPHAMIN TO SUPPLY BISIE TIN CONCENTRATE TO NEW US SMELTER
MAURITIUS – November 9, 2026 – Alphamin Resources Corp. (AFM:TSXV, APH:JSE
AltX)( “Alphamin” or the “Company”), is pleased to announce an agreement to allocate a
portion of tin concentrate production from its Bisie tin mine in the Democratic Republic of
Congo ("DRC") to Nathan Trotter & Co., Inc. ("NT"), a US-based tin refiner currently completing
the construction of its smelting facility.
The allocation of up to 3,600 tonnes of contained tin per annum, for an initial period of 2 years,
represents just under 20% of Bisie’s targeted production.
Tin is increasingly recognised as a critical mineral for the global economy, with applications
spanning electronics, semiconductors, advanced manufacturing and the technologies
foundational to the AI era. The establishment of NT’s US smelting facility represents a
significant step in building western tin refining capacity and diversifying global tin supply
chains.
Bisie is the world’s highest-grade primary tin mine, currently producing approximately 20,000
tonnes of contained tin per annum. The mine’s success would not have been possible without
the long-term support of the Government of the Democratic Republic of Congo, and the
ongoing efforts of the international community, including the US government, to promote
stability in eastern DRC. The allocation to NT establishes Bisie as a supply source for NT’s
new US smelting operations and marks an important step in building a diversified global
customer base for Bisie’s high-grade tin concentrate.
Following the acquisition of a majority interest in Alphamin by International Resource Holding
(“IRH”), a leading UAE-based investment group, Alphamin has been actively seeking to
diversify its customer base and to support the development of western tin refining capacity.
This strategy is consistent with the objectives of Pax Silica, a US-led initiative launched in
December 2025 to build secure and resilient supply chains for critical minerals and
technologies foundational to the AI era. The UAE plays a recognised role as a partner in the
Pax Silica framework, and IRH is supportive of this arrangement.
For further information, please contact:
Eoin O'Driscoll, Chief Executive Officer
Alphamin Resources Corp.
Tel: +230 269 4166
Email: eoin.odriscoll@alphaminresources.com
Website: www.alphaminresources.com
About Nathan Trotter & Co.
Nathan Trotter & Co., Inc., founded in 1789, is a US-based tin merchant and refiner with a
smelting facility under construction, targeting first production in 2027. NT is committed to
building a sustainable domestic US tin supply chain in support of US critical mineral security
objectives.
About Alphamin Resources Corp.
Alphamin Resources Corp. is a tin mining company listed on the TSX Venture Exchange (TSX-
V: AFM) and the Johannesburg Stock Exchange (JSE: APH). Its principal asset is the Bisie tin
mine in the Democratic Republic of Congo, operated through its subsidiary Alphamin Bisie
Mining SA. Bisie is the world's highest-grade primary tin mine and one of the most significant
sources of primary tin production outside of Asia.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the
meaning of applicable Canadian and South African securities laws. All statements, other than
statements of historical fact, are forward-looking statements. Forward-looking statements in this news
release include, without limitation, statements regarding the volume and timing of tin concentrate
allocations to NT, NT's smelter construction timeline and first production targets, Alphamin's production
targets, and the strategic benefits of the arrangement. Forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that may cause actual results to differ materially from
those expressed or implied by such statements, including risks related to NT's smelter construction and
commissioning and the timing and delays thereof, changes to or termination of the NT allocation
arrangement, tin prices and market conditions, production volumes, mine life and production continuity,
geopolitical, regional health and security conditions in the DRC, and other risks detailed in the
Company's public filings on SEDAR+ and with the JSE. Alphamin does not undertake to update any
forward-looking statements except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
9 November 2026
JSE Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 09/11/2026 03:30:00
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