More on Timah capex plans

Dec 21, 2007

In recent days PT Timah executives have given further details of the Indonesian state-controlled tin company’s capital expenditure plans for 2008. Total capex next year is expected to rise to Rp.800 billion (US$86 million), from Rp.300 billion in 2007. Around Rp...

Yunnan Tin reports record production and sales

Dec 18, 2007

Yunnan Tin Company’s sales had exceeded 12 billion yuan (US$1.6 billion at current exchange rates) by December 10 and the company plans to expand its annual revenue to 18 billion yuan by 2009, according to Antaike in Beijing. YTC’s tin production has grown...

Downstream investment by PT Timah

Dec 17, 2007

Indonesia’s state-controlled tin company PT Timah is to invest US$50 million in the production of downstream products. The feasibility study for such industries had already been conducted and a memorandum of understanding had already been signed with an un-named...

Indonesian exports drop in November

Dec 12, 2007

Indonesia’s Ministry of Trade today released preliminary figures indicating a drop in tin exports last month, based on reports by the two surveying companies which check tin prior to shipment. The volume checked for shipment in November was 8,295 tonnes, Hartojo...

STI reports December Bangka shipments

Dec 7, 2007

Singapore Tin Industries (STI) was due to receive a shipment of 500 tonnes of tin for refining from Indonesia this week and expected to ship another 200 tonnes in mid-December, according to Metal Bulletin. The first shipment includes 150 tonnes from its new PT Bangka...

Timah to increase production

Dec 4, 2007

Indonesia’s PT Timah plans to produce and sell 60,000 tonnes of tin in 2008, Finance Director M Krishna Syarif told reporters in Jakarta today. Production in 2007 is estimated to be between 57,000 – 59,000 tonnes according to reports by Bloomberg and...