MSC hopeful on 2013 prospects

Malaysia Smelting Corporation has reported a 25% fall in revenues and a pre-tax loss of RM 62.7 million (US$20.2 million) before unusual items in 2012, compared to a pre-tax profit before unusual items of RM 116.4 million in 2011. However by curtailing operations by...

China tin imports increased again in January

China imported 2,350t of refined tin in January, according to the latest data from China Customs. This was up by 46% year-on-year and also 23% higher than imports in December. There has not been any profitable arbitrage space from last October for the general import...

PMC expands ownership of tin stabilisers businesses

PMC Group completed the acquisition of Dow Chemical’s global methyl tin stabilizers and solid lubricants businesses earlier this month, following up on its purchase of Arkema’s organotin and organophosphine-based polymer stabilizers, catalysts and fine...

Indonesian shipments strong in January

Refined tin shipments from Indonesia, the world’s top exporter, rose 5.4 % in January to 9,154.71 tonnes from 8,689.20 tonnes in the December, a trade ministry official told Reuters on Monday. Indonesian refined tin exports for January were 70% higher compared...

Increase in Renison reserves

Metals X has reported a 20% increase in tin ore reserves at its 50%-owned Renison mine in Tasmania. In its latest half-yearly statement of mineral resources and ore reserves, proved and probable reserves at Renison are estimated at 3.96 million tonnes of ore at 1.39%...

PT Timah plans Myanmar investments

In an interview with the Jakarta Post newspaper PT Timah President Director Sukrisno provided more details of the company’s plans to establish a production base in Myanmar and also commented on the production outlook for its core operations in Indonesia in...