Analysts forecast stable or falling tin prices

Jul 24, 2008

A survey of 26 analysts at banks and other organisation published by Reuters on 22 July produced a “consensus” average view that the annual average LME cash price would decline from US $20,658/tonne in 2008 to $18,468/tonne next year. The forecast compares...

China’s tin production increases 4.4% in June

Jul 18, 2008

For the first month this year production of refined tin by Chinese smelters was above year-ago levels in June. According to preliminary data released by the National Bureau of Statistics today, June production was 12,778 tonnes, up 4.4% on June 2007. China’s...

Liuzhou China Tin re-starts smelter

Jul 17, 2008

Liuzhou China Tin Co., China’s third-largest producer, was due to resume production today after electricity supply is restored with the repair of power poles. The company halted operations at its Guangxi province-based Laibin plant from July 11, Li Zhijian, a...

World tin consumption picks up – WBMS

Jul 17, 2008

Preliminary statistics released by the World Bureau of Metal Statistics yesterday show a slight increase in world tin consumption in the first five months of 2008. Global refined tin consumption is estimated to have increased by 1.1% to 147, 900 tonnes in January-May...

Huanuni re-invests H1 profits

Jul 16, 2008

Bolivia’s largest tin mine reported a first half profit of US$29 million, which will be re-invested in new equipment. Business News Americas, quoting local press reports, said that the Huanuni mine, operated by the Empresa Minera Huanuni (EMH) division of...

South Korea to expand metal stockpiles

Jul 11, 2008

The South Korean government announced on Wednesday that it will increase the budget for its Public Procurement Service, to allow it to hold 60 days supply of 22 key metals, compared to the current 19 days’ supply of 12 metals. Tin and all the other LME metals...