Bolivia-Glencore settlement close

Dec 23, 2008

A final settlement of compensation terms for the nationalization of the Vinto tin smelter in February 2007 is expected to be announced early in the New Year, a Bolivian government spokesman told La Razon newspaper. The deal will also cover the establishment of a joint...

Singapore refinery for sale

Dec 23, 2008

All the assets of Singapore Tin Industries Pte Ltd are to be offered for sale by tender on 15 January 2009. Local consultants Robert Khan, acting for the receiver, has circulated a notice offering a complete 36,000 tpy capacity tin refinery “with two melting and...

Indonesia quota plan latest

Dec 17, 2008

Latest news from Indonesia is that the government will implement an ample tin production quota for 2009, although the arrangements for next year still have to be formalised in a ministerial decree. Following the establishment of a national total by the federal...

Indonesia approves one more tin exporter, passes mining law

Dec 16, 2008

Indonesia’s trade ministry has issued one more tin export licence, bringing the total number of licenced companies to 23. Meanwhile the country’s parliament was earlier today expected to ratify a new mining law which has been under discussion for the last...

China November tin production down

Dec 15, 2008

Provisional base metals production figures released by China’s National Bureau of Statistics put refined tin output in November at 11,408 tonnes. This was 11.2 % lower than a year earlier and 29.7 % down from the previous month. Output will fall further in...

Yunnan Tin halts production

Dec 9, 2008

Yunnan Tin Company, the world’s largest tin producer, stopped production at its main smelting facility on December 8 due to low prices and a lack of tin concentrates, a director at its trade department told Reuters on today. “We stopped production and it...