Uis Tin Mine

Overview

Uis is located in Namibia and operated by Andrada Mining Ltd. The Uis Tin-Tantalum Mine was recommissioned and modernized in 2022 and covers approximately 19,700 hectares of extensive pegmatite mineralization, producing tin with further exposure to tantalum and lithium.

Current production is approximately 1,000-1,100 tonnes of contained tin per year. At current LME tin prices of roughly US$45,000 per tonne, the royalty is expected to generate US$4.0-4.5 million in revenue in 2026.

Acquired by Evolve in May 2026, the Uis royalty provides an immediate, stable, cash-flowing tin royalty on a producing, long-life mine, and forms part of Evolve's portfolio of base and critical metals royalties.