JFX launches physical tin contract

Aug 28, 2019

The Indonesian-based Jakarta Futures Exchange (JFX) has launched a new physical tin contract, which has been backed by the country’s major producer, PT Timah. The JFX initially aimed to bring a physical tin contract to the market in 2013, but this was delayed,...

Falling tin prices prompt Chinese smelters to reduce production

Aug 21, 2019

With low tin prices on both the London and Shanghai trading houses, Chinese miners are struggling to generate a profit, resulting in lower production of tin concentrate. Combined with mine closures earlier in the year, smelters in the country are finding it difficult...

Chinese export window closes as ore imports continue decline

Jul 3, 2019

China’s import of tin concentrate continued to fall in May relative to last year as mine production in Myanmar continues to decline, while refined tin exports also fell due to a shrinking arbitrage between the Shanghai and London-based metals exchanges. Customs...

Potential YTC – Minmetals merger announced

Jun 28, 2019

According to local sources, the Yunnan provincial government and China Minmetals are set to finalise a deal that will deepen the ties between the two organisations. This could result in China Minmetals becoming the majority shareholder of the Yunnan Tin Group...

Rwandan smelter gets exploration green light

Jun 27, 2019

LuNa Smelter in Rwanda has been awarded eight minerals exploration licenses, part of a $14.4 million investment into the country, as it looks to increase its feedstocks and production. Although much of the mining activity in the country is undertaken by artisanal or...