Indonesia mulls new export tax

Jan 5, 2012

Indonesia may impose a new tax on exports to limit shipments and help boost prices, Deputy Trade Minister Bayu Krisnamurthi told Bloomberg. The government wants to extend the life of mines, Krisnamurthi told reporters in Jakarta today. “Tin is a mining product...

Private smelters withdraw support for new Indonesian market

Jan 3, 2012

The start of tin trading on the Indonesia Commodities and Derivatives Exchange, due to begin on January 12, is now being opposed by the new president and some members of the Indonesian Tin Association. The physical tin contract, under the code INATIN, was formally...

China imports remain high

Jan 3, 2012

China imported 4,220 tonnes of refined tin in November, the highest monthly total since April 2009. Half of the imports were from Malaysia, which is believed to be reflect shipments from LME warehouses there. The total imports have arrived at 18,951 tonnes in the...

Vinto and OMSA may treat all Bolivian concentrates

Dec 22, 2011

The completion of the expansion project at Bolivia’s Vinto smelter, due next year, will allow the country to treat all tin concentrates produced there. The state-owned company is installing a new Ausmelt furnace which will allow it to produce up to 18,000 tonnes...

Fall out at Indonesian Tin Association

Dec 19, 2011

Following the breakdown of the export halt called by Indonesian Tin Association at the start of this month, two leading officials have left the group. Rudy Irawan, president director of smelter PT Mitra Stania Prima, has been removed as the group’s executive...