ITRI opens China office

We are pleased to announce that from the start of August 2009 ITRI will have full-time representation in China. We will be joined by Ms. Cui Lin, who was previously the tin market analyst at Beijing Antaike Information Development Company, the leading non-ferrous...

LME has no plans to change rules

The London Metal Exchange is satisfied with its current lending guidelines for dominant position holders and has no plans to identify speculative market participants even as tin spreads widened dramatically again, Metal Bulletin reports. “We are always looking...

Minsur reports improved Q2 results

Peru’s Minsur SA reported second quarter net income of 242.7 million soles (US$81 million), 28% lower than in the same period of 2008, but much improved on the 132.6 million soles ($44 million) achieved in the first quarter. The changes mainly reflect tin price...

MSC announces Koba Tin joint venture deal

Malaysia Smelting Corporation has announced that it has agreed to sell up to 30% of its majority shareholding in Indonesia’s PT Koba Tin to a local group. MSC currently controls 75% of Koba, with the balance held by PT Timah. On completion of the deal, Oberthur...

Metals X and Yunnan Tin to join forces in Tasmania

Australia’s Metals X and China’s Yunnan Tin Group announced on Friday that they had signed a Heads of Agreement to form a joint venture to control the MLX’s Tasmanian tin assets. Metals X currently owns and operates the Renison and Mt Bischoff mines...

Indonesian exports remain high

Data released by the Indonesian trade ministry today shows that 8,661 tonnes of tin was checked prior to export by surveyors in June, up 59% on the same month of last year, but lower than the 9,873 tonnes inspected in May. The cumulative tonnage in January-June...