China’s ore imports from Myanmar booming

Sep 11, 2013

Reuters reports that tin ore shipped from Myanmar across the border for processing in Yunnan, China’s key tin producing province, more than tripled in July to 8,392 tonnes, quoting official Chinese customs statistics. Imports for the first seven months of the...

Indonesian exports up in August

Sep 10, 2013

Preliminary data released by Indonesia’s trade ministry showed that the tonnage of tin checked prior to export last month was 6,525 tonnes, up by 15.6% on August 2012, ahead of changes in regulations which could slash volumes this month. Cumulative tonnage in...

PT Timah declares force majeure on shipments

Sep 6, 2013

State tin company PT Timah has joined some private Indonesian smelters in halting shipments this month as a regulation requiring ingot to be traded locally before export hampered transactions with customers. Timah has declared force majeure to 19 buyers with long-term...

Timah profits squeezed as production slumps in H1

Sep 3, 2013

Indonesian state-controlled tin producer PT Timah’s net profits were 137.1 billion rupiah ($12.5 million) in the first six months of the year, down by 60% compared with 335.9 billion rupiah over the same period in 2012, the company reported. Production of...

Indonesian exports fall in July

Sep 3, 2013

Preliminary trade data released by Indonesia’s trade ministry on 19 August showed a sharp fall in volumes as new regulations came into place. The tonnage of tin checked prior to shipment in July slipped to 6,466 tonnes, 22% lower than in July 2012 and 42% down...

Novosibirsk seeks buyer for survival

Aug 9, 2013

According to recent reports in the Kommersant newspaper and Infogeo website, Russia’s sole tin smelter, Novosibirsk Tin Works (NOK) is trying to find a buyer for the operation while the majority of its creditors have voted for a liquidation of its assets. NOK...