PT Yinchenindo hopes to jump approval queue

The Belitung-based smelter PT Yinchenindo Mining Industry (PTYMI) hopes to be the third Indonesian company to be granted a tin export licence by the Ministry of Trade. So far only state-controlled PT Timah and another independent Belitung company, PT Bellitin Makmur...

Bangka smelters require new mining licences

Indonesian government sources have told Metal Bulletin that independent tin smelters seeking to re-open need to obtain new mining licences from the central government. The Indonesian government ruled last week that the six smelters applying for permission to export...

Jinchuan Group acquires stake in Metals X

China’s largest nickel producer, Jinchuan Group Limited, has taken a 13% stake in the Australian tin/nickel company and ITRI member Metals X (formerly Bluestone Tin). Jinchuan subscribed to 117 million new Metals X shares for A$32.76 million. The deal, subject...

Indonesia gives tin supply commitment

Following discussions with tin industry body ITRI, Indonesia’s Minister of Energy and Resources, Professor Purnomo Yusgiantoro, has made it clear that Indonesia will make every effort to maintain tin supplies to the global market. Indonesian production has been...

Yunnan Tin acquires majority shareholding in Gejiu Zili

Yunnan Tin Group announced on March 12 that it has signed a deal to purchase a 67% stake in Gejiu Zili Metallurgy Co., Ltd., according to Antaike in Beijing. Yunnan Tin is the largest producer of refined tin worldwide, with 2006 output of 52,399 tonnes. The total...

Australian tin production starts to recover

Australian production of tin-in-concentrate increased by 182% year-on-year to 656 tonnes, according to new official statistics published by ABARE. This reflects the build up towards full capacity by Metals X’s Collingwood mine in Queensland, which accounted for...