China tin imports rise in August

China imported 1,605 tonnes of refined tin in August, the highest level since August 2010, according to the latest China Customs data. Although the import of refined tin in August is up by 123% m-o-m, the total import in January-August of this year still decreased by...

Traders in queue for tin

Currently more than 3,000 tonnes of tin is due to be shipped out of LME warehouses, but actual movements of metal have been quite slow. Total opening stocks in exchange warehouses on 20 September stood at 21,020 tonnes, of which 3,320 tonnes were cancelled warrants...

Lower volumes, higher margins for Timah

Indonesia’s PT Timah reported a 29% rise in consolidated sales and a more than doubling of net income to Rp 689 billion (US$79 million) in the first half of 2011, despite a fall in tin sales volumes. Refined tin sales by the state-controlled company in...

Bolivian mining exports to top US$3 billion

Bolivia’s mining exports could exceed US$ 3 billion in 2011 and could replace the natural gas as the country’s main export item, local export association IBCE said yesterday. The mining exports totalled USD 1.383 billion in the first five months of 2011,...

China tin imports jump in June

China’s tin and alloy imports surged by 84.1% month-on-month to 1,578 tonnes in June, according to China Customs trade data. This is the highest level since August 2010. Of total June imports, 48% of tin was imported from Indonesia and 26% from Bolivia. The Chinese...

LME lists new Indonesian tin brand

The London Metal Exchange has for the first time listed a brand belonging to one of Indonesia’s 30 plus independent smelters as good delivery. Approval for the IMLI brand produced by PT Bukit Timah was effective from 22 June. PT Bukit Timah’s plant, with a rated...