Doubts over Koba contract extension

Jul 17, 2012

A senior government official told the Jakarta Post that the contract of work under which PT Koba Tin operates is unlikely to be extended beyond the current expiry date of 31 March 2013. Energy and Mineral Resources Ministry’s minerals and coal director general,...

South Korean agency to boost tin purchases

Jul 13, 2012

South Korea, the world’s fourth biggest buyer of industrial metals, will lift purchases by its state-run procurement agency in the second half from a planned 297 billion won (US$260 million) if metal prices drop further, a senior agency official told Reuters....

Indonesian exports up and down

Jul 10, 2012

Preliminary data indicates that Indonesian tin metal exports in June were up 23% compared to the previous month but down 11% compared to June last year. Trade ministry statistics released today show that 9,647 tonnes of tin was inspected prior to shipment by surveying...

MSC plans further reduction in Koba stake

Jul 4, 2012

Malaysia Smelting Corporation has announced changes to a strategic alliance with an Indonesian group which could result in its shareholding in PT Koba Tin falling from 75% to 30%. The proposed deal with Optima Synergy Resources Limited was originally announced in...

Metals X boosts Renison tin resources and reserves

Jul 4, 2012

Metals X, which operates and has a 50% stake in the Renison mine in Australia, announced that it had completed a highly successful year of exploration, giving it a total resource of 260,900 tonnes of contained tin as at 31 March. The bulk of the resource is accounted...

China imports of refined tin high again in May

Jun 25, 2012

China imported 1,562 tonnes of refined tin in May, up by 95% year-on-year, according to the latest official customs data. 90% of the total imports was from Indonesia. Cumulative imports in January – May were 11,196 tonnes, up by 225% from 3,444 tonnes in the...