More details on planned Indonesian tin contract

Dec 9, 2011

Four big commodity traders and three Indonesian tin producers are readying to trade a soon-to-be launched physical contract for the metal, a trade ministry official told Reuters, offering hope the new contract will secure enough liquidity to make it a success....

Indonesian November exports lower than expected

Dec 9, 2011

Preliminary data on the tonnage of tin checked by trade ministry surveyors prior to shipment from Indonesia last month indicated that a very low volume was shipped in the month. 2,202 tonnes of tin was recorded, 75% lower than in November 2010 and 60% down on the...

Minsur to boost Brazil production

Dec 8, 2011

Minsur SA, the world’s fourth-largest tin producer, aims to quadruple production at the Pitinga mine in Brazil in four years, Chief Executive Officer Lucio Pareja told Bloomberg. Pitinga “should be reaching the 10,000 tonnes per year level...

Indonesian exports in full flow

Dec 2, 2011

The export halt by Indonesian tin producers which began at the start of October has broken down completely this week. A spokesman for Indonesia’s tin association (ITA) told Reuters on Friday its members will ship 7,000 tonnes of tin ingots overseas this week....

PT Koba Tin ships tin at second attempt

Nov 30, 2011

Indonesian tin producer PT Koba Tin has shipped 400 tonnes of tin ingot to Singapore, a port official told Reuters on Monday. Hundreds of smelter workers on Bangka had thwarted an initial attempt by the company to make the shipment on Friday, but the firm went ahead...

Bangka tin market set for early 2012 launch

Nov 30, 2011

The Indonesian Commodity & Derivative Exchange (ICDX) and the Indonesian Tin Association (ITA) will establish a physical tin market on December 15 that may become operational as early as January next year, ITA spokesman M Fitriansyah told American Metal Market....