China invites foreign investment in Guangxi mining

May 16, 2013

China wants more foreign direct investment in less-developed central and west regions as it looks to narrow the wealth gap with big eastern cities, and will open up agriculture, automobile and mining projects among others, Reuters reports. China will encourage FDI in...

Korea stockpile authority back in market

May 16, 2013

South Korea’s Public Procurement Service (PPS) bought 300 tonnes of MSC brand tin on 15 May through a public tender, its second purchase of refined tin this year. The metal will be supplied by Metal Park at a premium of $575/tonne to the LME price cif Incheon,...

Indonesian April exports slightly slower

May 8, 2013

Provisional data released by the trade ministry today shows a 15% fall in the tonnage of tin checked prior to export compared to March, although the April volume of 7,853 tonnes was still 4.9% higher than in April last year. Cumulative tonnage in January-April amounts...

MSC relies on Malaysian operations to return to profitability

May 8, 2013

In its 2012 annual report, published this week, Malaysian Smelting Corporation says that it will rely on its profitable Malaysian smelting and mining operations and a more cautious foreign investment strategy to move forward, following the heavy losses suffered by its...

ITRI China International Tin Forum: looking for rainbows

May 3, 2013

The conference hosted by ITRI China in Kunming on 23-25 April attracted 260 delegates from 30 countries and benefited from the support of Yunnan Tin and sponsorship from all the other main Chinese producers. The meeting took place at a time when financial markets have...

Timah production slumps

May 1, 2013

Production of tin-in-concentrate by Indonesia’s PT Timah fell by 42% year-on-year to 4,312 tonnes in the first quarter of 2013. While offshore production by the company’s dredges was relatively stable, declining by 15% to 3,681 tonnes, onshore production...