Singapore Tin and PT Koba Tin to cut output

Singapore Tin Industries will cut its output target by around 33 percent to 12,000 tonnes this year due to supply constraints in Indonesia, its director Petrus Tjandra told Reuters today. The refiner, a joint venture between China’s top producer, Yunnan Tin, and...

Further steps to limit Indonesian supplies

A new regulation limiting refined tin exports from Indonesia should help create fairer competition globally and support the world price of tin, Thobrani Alwi, president of PT Timah, said in a report by the Antara news agency. The regulation, issued by the Trade...

Koba Tin operating normally after police raid

PT Koba Tin, Indonesia’s second largest tin producer, continues to conduct “business as usual” following intervention by the police at its smelter on Bangka island. “It’s still business as usual” after the visit, Mathias Harryanto,...

Indonesian government not re-licencing smelters

A senior Indonesian government spokesman denied yesterday that new operating licences were about to be issued to some independent smelters on Bangka island. More than twenty operations were shut down last October by the police and they will remain in-operational for...

Bolivia clarifies nationalisation policy

Bolivia’s Vice Mining Minister, Luis Alberto Ichazu, said on Friday that the country aimed to raise taxes on mining companies rather than nationalise them. The minister was commenting on earlier reports by Bolivia’s state-run ABI news agency on a speech by...