Two more export permits for Indonesian smelters

May 8, 2009

Indonesia approved export permits for two tin smelters in the Bangka-Belitung islands, its key source of tin, bringing the number of smelters allowed to export the metal to 27, a trade ministry official told Reuters on Friday. The new companies added to the list are...

Yunnan announces second phase of stockpiling

May 8, 2009

China’s Yunnan provincial government has announced a second round of stock financing measures to support local producers of non-ferrous metals. The first scheme began in December 2008 and allowed for up to 552,000 tonnes of metals from nine producers to be...

Renison production boost

May 4, 2009

Metals X’s Renison operation in Tasmania produced 1,439 tonnes of tin-in-concentrate in the March quarter, 61% up on the previous three months. Renison also generated a positive cash flow pf A$1.56 million in the quarter, despite lower tin prices. The mill is...

Minsur reports fall in profits

May 1, 2009

Peruvian tin miner Compania Minera Minsur SA said on Thursday that its first quarter net income fell by 30% to 132.6 million soles ($44 million) from PEN188.6 million in the same quarter a year earlier. Total first quarter sales dropped by 45% to PEN302.5 million from...

New Chinese tin smelter starts up

May 1, 2009

A new tin smelter has opened in China’s Jiangxi province, according to Antaike in Beijing. Nanshan Tin Co. Ltd. commissioned the new plant in Nankang Industrial Zone, Ganzhou, on April 9, sources from Ganzhou government said. The project has a design capacity of...

Timah reports higher sales, lower production in Q1

Apr 30, 2009

Indonesia’s state-controlled tin producer PT Timah reported an 8% year-on-year increase in refined tin sales in the first quarter of 2009, although production and profitability declined. The positive features of its first quarter results, released today, were...