BMD secures licensing deal for new tin futures contract

Bursa Malaysia Derivatives (BMD) signed a licensing agreement last week with the Kuala Lumpur Tin Market (KLTM) to develop and manage a new futures tin trading contract. The Futures Tin Market (FTIN) contract will be launched on 31 October this year, with the KLTM...

W Resources commences production at La Parrilla

W Resources has begun operations at its La Parrilla tungsten and tin mine in south-west Spain ahead of schedule and is working to ramp-up output of tungsten concentrates and tin by-product to 400 tpa over the next 6 months. The company has developed an optimised...

RBT builds up production

Indonesia’s largest private tin smelter, PT Refined Bangka Tin is planning to build up production to 800 – 900 tpm and is in the process of re-instating the listing of its brand on the LME, Metal Bulletin reported. The company was reported by trade sources...

China ore imports keep growing

Latest customs figures show that China’s imports of tin ores and concentrates in August were almost three times the volume recorded in August 2015. The gross weight of imports last month was 38,428 tonnes (estimated 4,600t contained tin), up 188% year-on-year,...

ITRI Survey shows tin use stable to slightly stronger in 2016

ITRI’s twelfth annual survey of tin users gathered data from tin users worldwide between June and August 2016. ITRI analyst Peter Kettle commented: “Generally companies appear a little more optimistic about sales in 2016 than they were at the time of a snap survey...

Renison shareholder reports production recovery in August

Unaudited tin-in-concentrate production at the Renison mine in Tasmania in January-August 2016 fell by 9.7% year-on-year to 3,941 tonnes, according to shareholder, L’sea Resources International. However, production in August was reported at 651 tonnes, up 48.2%...