Indonesia delays LC rules

Mar 5, 2009

Indonesia has delayed a new trade rule covering payment for exports by up to six months because of strong opposition from exporters, Trade Minister Mari Pangestu said on Thursday. However the postponement for tin is just a few weeks. The regulation would require...

Hunan and Guangxi stockpiles planned

Mar 4, 2009

China’s second and third largest tin producing provinces are both contemplating metals stockpiling plans, following the example set by Yunnan. Both Hunan and Guangxi have made statements about their intentions on official websites in recent days, although...

Fenix joins ITRI

Feb 26, 2009

Polish secondary tin producer Fenix Metals has become a member of ITRI. Fenix Metals started its 3,500 tpy capacity refinery in October 2008. It had originally commenced operation in 2004 as a secondary tin smelter and solder producer. The vacuum distillation...

Indonesian exporters object to letters of credit rule

Feb 25, 2009

Indonesian exporters of key commodities have objected to a government plan making it mandatory to use letters of credit for export payments, a deputy to the chief economic minister said on Monday. Indonesia wants exporters of coffee, crude palm oil, cocoa, rubber, and...

China imports less metal, more tin concentrates in January

Feb 23, 2009

Official customs figures released today show that China imported 843 tonnes of refined tin in January, down by 38% compared to January 2008, but higher than the 527 tonnes imported in December. The main origins of tin imported last month were Singapore, Indonesia,...

Indonesia ministry publishes optimistic tin target

Feb 23, 2009

An official report prepared by Indonesia’s Ministry of Energy and Mineral Resources projected a sharp rise in tin production to 105,000 tonnes this year, up from 71,610 tonnes in 2008, according to Reuters. However the projection is simply the sum of production...