Indonesian exports fall again

Indonesian exports of refined tin are likely to have fallen again in June, according to preliminary data released by the trade ministry. It reported that 8,030 tonnes of tin was checked by surveying companies prior to export, 7.3% lower than in June 2009. The...

Mixed news on Bolivian tin projects

The Bolivian government has approved 73.6mn bolivianos (US$10.2mn) to finance infrastructure works and equipment for the construction of state-owned tin producer Vinto’s Ausmelt furnace, a company executive told Business News Americas "The money guarantees...

Timah confident on sales

Indonesia’s PT Timah was confident its sales reached 25,000 tonnes of tin in the first half of this year, or 50% of its whole year’s target. Tin sales earned an estimated US$400 million in the six month period, corporate secretary Abrun Abubakar told the...

Dip in Peru production

Mine production of tin-in-concentrates in Peru was 2,909 tonnes in May, down 5% compared to the same month of last year, according data released by the country’s Ministry of Mines and Energy at the start of this week. Taking the latest official figures, ITRI...

Jump in premiums in Korea tender

South Korea’s Public Procurement Service paid a greatly increased premium of $930/tonne cif Incheon over the LME price for 200 tonnes of 99.9% high grade tin this week. The metal will be supplied by Daewoo International and is for delivery by September 15. Its...

China exporters hit by policy changes

Exports of products containing tin from China will be subject to a range of new factors from the second half of this year. The scrapping of export rebates on tin semis will not have much market impact, but currency appreciation and rapidly rising labour costs could...