Bluestone Mines Tasmania Joint Venture Pty Ltd

What Bluestone Mines Tasmania Joint Venture Pty Ltd does

Bluestone Mines Tasmania Joint Venture Pty Ltd (BMTJV) is a privately held Australian joint venture equally owned by Metals X Ltd and Yunnan Tin Group (via YTPAH Pty Ltd), formed in the early 2000s to operate the Renison Tin Mine on the West Coast of Tasmania. The company is Australia's largest tin producer and ranks among the world's significant primary tin operations, contributing approximately 3% of global tin production annually. It operates an underground mine at approximately 1.2 km depth, supported by 82 km of advanced workings, a paste backfill plant, a purpose-built water treatment facility, TOMRA XRT sensor-based sorting technology, and a 250-person drive-in drive-out camp in Zeehan. The operation supports approximately 500 direct employees and contractors and has a known mine life exceeding 12 years.

BMTJV generates revenue by selling tin concentrate to global smelters and refineries under commercial offtake arrangements, operating as a B2B commodity producer. Pricing is set on global tin markets (LME-linked) with no publicly disclosed tiered structure. The recent capital program — $37M in paste fill and water treatment infrastructure, mine ventilation upgrades, a new HV switchyard, and nine pieces of new underground equipment for 2023/24 — is positioned to improve ore recovery, reduce environmental impact, and extend mine life. The upcoming Renison Tailings Retreatment Project (Rentails) targets reprocessing of 27.5 million tonnes of historical tailings for residual tin and copper, with construction planned to start in 2027 and operations in 2029.

The customer base is unnamed but spans global electronics, renewable energy, electric vehicle, computing, robotics, and medical equipment manufacturers that depend on tin solder. The company conducts GTM through its corporate website, LinkedIn, Facebook, community consultations, and industry events (AusIMM, TMERC, TMEC), with offtake relationships managed through the Metals X and Yunnan Tin parent networks. Recent strategic priorities include regulatory advancement of Rentails, the Mount Bischoff closure plan, and targeted positioning of tin as a critical mineral for the global energy transition.

Name

Bluestone Mines Tasmania Joint Venture Pty Ltd

Legal name

Bluestone Mines Tasmania Joint Venture Pty Ltd

Website

https://bluestonetin.com.au

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Bluestone Mines Tasmania Joint Venture is a privately-held Australian 50/50 joint venture between Metals X and Yunnan Tin Group that operates the Renison underground tin mine in Tasmania, producing approximately 3% of global tin concentrate supply for global smelters and refineries.

Ownership category

akta.pro rank

Headquarters

HQ city

Zeehan

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Tin Concentrate Production and Export: Bluestone Mines Tasmania Joint Venture is a tin mining and processing operation that produces and exports tin concentrate. The company is Australia's largest tin producer and a significant global supplier, producing approximately 3% of world tin production each year. Revenue is generated from the sale of tin concentrate to smelters and refineries globally. Future revenue growth is expected from the Rentails project which will reprocess historic tailings to extract tin and copper.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Bluestone Mines Tasmania Joint Venture operates the Renison underground tin mine on the West Coast of Tasmania, mining, processing, and exporting tin concentrate to global smelters and refineries. The operation produces approximately 3% of world tin production annually and supports around 500 direct employees and contractors, with a known mine life of over 12 years.

Product overview

Bluestone Mines Tasmania Joint Venture is Australia’s largest tin producer operating a portfolio of mining operations and supporting infrastructure. The core offering is the Renison Mine, an underground tin mine producing approximately 3% of world tin production. Key supporting products include a Paste Backfill Plant for underground waste storage and a Water Treatment Facility for environmental management. The company deploys TOMRA XRT sensor-based sorting technology for ore processing. Major upcoming initiatives include the Renison Tailings Retreatment Project (Rentails) to reprocess historical mining waste for residual tin and copper extraction. Supporting infrastructure includes the Bluestone Camp accommodation village for FIFO workers.

Differentiator

Problem solved

Functional benefit

Products and services

• Renison Tin Concentrate (from Renison Mine) Underground tin concentrate produced at the Renison Mine in Tasmania and exported to global smelters and refineries. Australia’s largest tin operation, mining one of the highest quality tin deposits in the world, with a known mine life of over 12 years, producing approximately 3% of world tin supply annually.

Quantifiable outcome

• 3% of world tin production per year
• +4 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Metals X LtdcoreStrategic or Co-development PartnerMetals X Ltd is a joint venture partner owning 50% of the Renison Mine through Bluestone Mines Tasmania Joint Venture. Metals X is committed to responsible and sustainable mining of tin and is a member of the International Tin Association. Nathan Parsons joined BMTJV in April 2022 as Manager of Operations, coming from Metals X's operational background.
• Yunnan Tin Group (via YTPAH Pty Ltd)coreStrategic or Co-development PartnerYunnan Tin Group, represented through YTPAH Pty Ltd, is a 50% joint venture partner in the Renison Mine through Bluestone Mines Tasmania Joint Venture. Yunnan Tin is a major Chinese tin producer bringing global market expertise and offtake connections to the partnership.
• Compass Group / Eurest Support ServicesminorOthersEurest Support Services, part of Compass Group, provides campsite management for the Bluestone Camp in Zeehan. They clean and maintain rooms, run all hospitality services including crib (meals), and maintain high standards of cleanliness, safety, and security.
• OkaneminorImplementation/ SI/ Consulting PartnerBluestone has engaged Okane, leading experts in integrated mine closure planning, to develop a closure plan for the Mount Bischoff mine.
• GHDminorImplementation/ SI/ Consulting PartnerGHD is assisting with community consultation as part of the Mount Bischoff mine closure planning process.
• Tasmanian Environment Protection Authority (EPA)coreOthersThe Rentails project is being assessed under Tasmanian EMPCA legislation. The EPA issued final Project Specific Guidelines for the Environmental Impact Statement and is assessing the project. A Notice of Intent was submitted to the Tasmanian EPA in late 2024.
• Commonwealth Department for Climate Change, Energy, the Environment and Water (DCCEEW)coreOthersThe Rentails project is being assessed under the Commonwealth Environment Protection and Biodiversity Conservation Act (EPBC). DCCEEW issued guidelines for preparation of a Public Environment Report addressing matters of national environmental significance.
• Felix Ellis MP (Minister for Resources)minorOthersTasmanian Minister for Resources officially opened the $37 million paste fill and water treatment plant infrastructure at the Renison Mine.
• Triffett ContractingminorOthersEmployees from Renison Mine teamed up with Triffett Contracting to clear weeds from the Zeehan Rivulet (Pea Soup Creek) as part of community environmental engagement.
• Tasmanian Heavy HaulageminorOthersTasmanian Heavy Haulage successfully delivered the new Epiroc M20 Boomer jumbo to the Renison Mine site.
• West Coast CouncilminorOthersA Development Application for the Rentails project will be submitted to West Coast Council alongside the Environmental Impact Statement. BMTJV also partnered with the council on weed control projects in the local community.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Malaysia Smelting Corporation Berhad: MSC is a Malaysian tin miner and smelter, one of the world's longest-established tin producers. It is directly comparable as an integrated tin mining and smelting business serving global solder and tin markets.
• Yunnan Tin Group: Yunnan Tin is one of the world's largest tin producers and is a 50% joint venture partner in Bluestone via YTPAH Pty Ltd. It is directly comparable as a major primary tin miner and integrated smelter with global offtake reach.
• PT Timah Tbk: PT Timah is Indonesia's state-owned integrated tin producer and one of the largest tin miners globally. It is directly comparable as a primary tin concentrate producer supplying global smelters and solder markets.
• Metals X Limited: Metals X is the 50% JV partner in BMTJV and an Australian-listed base metals miner with tin and gold exposure. It is directly comparable as the parent/partner entity sharing economics of the Renison operation.
• Minsur S.A. Minsur is a Peruvian tin and zinc miner operating the San Rafael tin mine, one of the world's largest hard-rock tin operations. It is directly comparable as a primary underground tin producer with similar offtake dynamics.

Others

• TOMRA Systems ASA: TOMRA is a sensor-based sorting technology provider whose XRT sorter is deployed at Renison. It is an enabling technology peer relevant to Bluestone's processing infrastructure and ore-recovery improvements.
• Aurubis AG: Aurubis is Europe's largest copper recycler and a major multi-metal smelter with tin recovery capability. It is comparable as a downstream offtake counterparty and tin refiner buying tin concentrate similar to what Bluestone produces.

Broad incumbents

• MMG Limited: MMG is a mid-tier diversified base metals miner (copper, zinc) with global operations and processing expertise comparable in scale to Bluestone. It is comparable as a broad base-metals operator applying modern processing technology, though not focused on tin.
• Glencore plc: Glencore is a major diversified miner and commodities trader with global tin exposure through its iSource tin trading business and South American operations. It is a broad incumbent in the tin concentrate market, although tin is a small part of its diversified portfolio.

Emerging players

• First Tin Plc: First Tin is an emerging tin developer with assets in Germany and Australia advancing toward production. It is comparable as a tin-focused emerging player positioned in Western jurisdictions, though at a much earlier stage than Bluestone.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/RenisonMine
• LinkedInlinkedin.com/company/bluestone-mines-tasmania-joint-venture-pty-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bluestone Mines Tasmania Joint Venture Pty Ltd