ITRI appoints new Chairman from Yunnan Tin Group

Oct 24, 2014

ITRI is pleased to announce that its next Chairman will be Mr Gao Wenxiang, General Manager of Yunnan Tin Group (Holding) Co., Ltd. The decision was agreed unanimously at the annual board meeting for ITRI member companies, which took place in London to coincide with...

Korean stockpile announces latest tin purchases

Oct 17, 2014

At its fifth tender of this year South Korea’s Public Procurement Service (PPS) bought 300 tonnes of Malaysian tin via LG International, bringing total purchases in the year to date to 1,200 tonnes. The tin is due to arrive at Incheon port by 15 December, with...

Indonesian smelters predict lower sales in fourth quarter

Oct 14, 2014

A poll of Indonesian smelters carried out by Bloomberg gave a median forecast of exports in the fourth quarter of this year at 16,000 tonnes, as a result of lower prices and stricter controls. “Shipments may slow this quarter as prices have dropped to near the...

Renison hits production record

Oct 14, 2014

Unaudited monthly production data released by major Chinese shareholder L’sea Resources shows that production at the Renison mine in Tasmania, Australia’s only major tin mine, hit the highest quarterly total since the operation was re-opened in 2008....

Indonesian September exports higher than predicted

Oct 7, 2014

Preliminary data released by Indonesia’s trade ministry today showed that 5,442 tonnes of tin was checked prior to shipment by surveyor companies in September, up by 51% compared to August. The tonnage checked comprised 5,252 tonnes of refined tin ingot, 69...

Indonesian sales remain slow

Sep 30, 2014

Sales of refined tin on the ICDX exchange dropped to the second lowest monthly total on record in September, as sellers held out for higher prices. Monthly turnover in September was 2,550 tonnes, down by 47% compared to August. In interviews with Bloomberg and Reuters...