ICDX tin futures contract under development

Sep 17, 2015

The Indonesia Commodity & Derivatives Exchange (ICDX) is currently planning a tin futures contract, which it hopes to introduce within the next 3 to 6 months, according to its head of business development, Stella Lukman, who spoke with ITRI earlier this week at...

PT Timah announce reduced profits in H1

Sep 8, 2015

State owned Indonesian tin miner PT Timah saw its first half net profits fall 97% year-on-year to Rp 11.28 billion (US$ 801,962) in the first 6 months of 2015 compared to the same period of the previous year, according to its 2015 first half results, which the company...

Vinto records high profits as Ausmelt testing continues

Aug 28, 2015

Bolivian tin smelter, Vinto Metallurgical Company (EMV), announced profits of US$ 3.5 million in the first half of 2015 and also outlined progress on testing of its new Ausmelt furnace, local sources report. The first half revenues were reported on Tuesday by EMV...

Myanmar tin exports fall slightly in July

Aug 25, 2015

According to the latest official customs data, July exports of tin concentrate from Myanmar to China amounted to 20,095 tonnes gross weight. This represents a 29% year-on-year increase but a 19% decrease compared to June. Cumulative concentrate imports from Myanmar...

PT Timah obtains export permits

Aug 25, 2015

Indonesian tin miner PT Timah has been granted clearance by the government to resume tin shipments following a halt when new rules for exporting the metal were implemented at the beginning of August. The new regulations are intended to address environmental damage and...

Minsur cuts production at Pitinga mine

Aug 19, 2015

Minsur’s Taboca subsidiary in Brazil temporarily halted production at its Pitinga mine at the start of the month due to power supply problems, but has now resumed operations at a reduced rate. Taboca had targeted a 20 – 30% increase in its tin production in...