Yunnan Tin makes bid for takeover of Chifeng Dajingzi

Yunnan Tin, the world’s largest producer of refined tin, has announced its intention to bid for fellow Chinese tin smelter Chifeng Dajingzi Tin Industry Company, a subsidiary of state-owned China Nonferrous Metal Mining Group (CNMC). The bid is a part of an auction...

Butterworth closure boosts MSC profits despite lower sales

Malaysia Smelting Corporation (MSC) reported a 23.2% quarter-on-quarter increase in Q1 operating profit, despite lower revenue, driven by cost savings associated with the closure of its old Butterworth smelter. The company recorded a Q1 operating profit of RM70...

Indonesia proposes another royalty hike

The world’s largest exporter of refined tin has proposed raising the rates in its progressive royalty system to up to 20% following last year’s restructuring of mining royalties. Alongside increases to other minerals, the proposal by Indonesia’s Ministry of Energy...

Minsur exploration spend jumps 97%

Minsur, the world’s second-largest refined tin producer, reported Q1 output of 8,314 tonnes of refined tin from its Pisco smelter in Peru, down 2.9% year-on-year. Higher tin prices lifted net revenue by 16.9% year-on-year, offsetting lower production and weaker sales...

PT Timah Q1 production 82% higher than in 2025

Indonesian state-owned tin producer PT Timah (IDX: TINS) saw refined tin production of 5,630 tonnes in Q1 2026, up 81.9% from the same quarter in 2025. PT Timah reported refined tin sales of 6,009 tonnes at an average price of US$49,221 per tonne, generating revenue...