Indonesian exports decline

Jan 10, 2011

Provisional data published today by Indonesia’s trade ministry showed the tonnage of tin checked prior to export fell by 9.2% year-on-year to 7,722 tonnes in December. Total cumulative tonnage for 2010 was 92,487 tonnes, 6.8% lower than in 2009. The statistics...

China issues first 2011 export quotas

Jan 5, 2011

The Chinese government issued a first batch of 2011 export quotas for non-ferrous metals at the end of December. According to the Ministry of Commerce website the initial quota allocation for tin and tin products is 11,340 tonnes, up from 7,812 tonnes issued at the...

MSC prepares for Singapore listing

Jan 4, 2011

Malaysia Smelting Corporation (MSC) has lodged a preliminary prospectus with the Monetary Authority of Singapore for the listing of its shares on the Singapore Exchange (SGX). If successful, it would make the company dual-listed on the Bursa Malaysia and the SGX. MSC...

Physical tin ETF makes slow start

Dec 22, 2010

The new investor products allowing investors to buy physical tin, nickel and copper via securities traded on the London Stock Exchange have attracted modest demand since their launch on 10 December. Latest data published by ETF Securities Limited on its website shows...

Renison starts copper production

Dec 22, 2010

Metals X said that the commencement of copper production at the Renison operation in Tasmania will reduce net costs of tin production by A$1,000 – 1,500/tonne (The Australian dollar is currently at parity with the US dollar). The mine and concentrator is a 50:50...

South Korean stockpile to expand

Dec 22, 2010

South Korea’s Public Procurement Service said it will raise its inventories of copper, tin and lithium in 2011, Reuters reported. "Demand for non-ferrous metals is projected to rise next year along with expanding Chinese markets, although global economies...