LME approves MSP brand listing

Jun 16, 2017

On June 8th the London Metal Exchange (LME) announced the approval of Indonesian tin smelter Mitra Stania Prima (MSP) as a listed LME brand, making it deliverable against the LME Tin Contract. MSP’s smelter is based on the island of Bangka in Indonesia, with an...

Indonesian tin exports robust in May

Jun 9, 2017

Indonesian tin exports in May amounted to 6,989 tonnes, up 30% year-on-year and up 10% compared to April, according to preliminary figures released by the trade ministry earlier this week. This brings the total for 2017 so far to 31,385 tonnes, up 43% compared to the...

YTC receive permission to carry out processing trade

Jun 7, 2017

On April 20th this year, Yunnan Tin Company (YTC), the largest tin-producing company in China, received sole permission from the Ministry of Commerce of the People’s Republic of China to carry out the processing trade of tin concentrate. The policy, which was...

MSC profits rise sharply in 2016

May 26, 2017

Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group’s revenue was broadly stable at RM1.5...

Korea stockpile makes first purchase of 2017

May 24, 2017

South Korea’s Public Procurement Service (PPS) bought 200 tonnes of 99.9% Indonesian tin from Daewoo at its latest tender on 23 May, including 100 tonnes at 400ppm lead at a US$480 cif premium to the LME price and 100 tonnes of 100ppm low-lead tin at a premium...

Pitinga producing at full capacity in Q1

May 19, 2017

Minsur’s 2017 first quarter consolidated results, released last week, reveal that tin-in-concentrate production by its Brazilian subsidiary, Taboca, rose by 18% to 1,767 tonnes compared to the first quarter of last year, while Taboca’s output of refined...