PT Timah reverses decline

Mar 17, 2015

Indonesian state tin company PT Timah today reported big increases in production and profits in 2014. Mine production of tin-in-concentrate rose by 23% year-on-year to 32,319 tonnes, while refined tin production grew by 16% to 27,550 tonnes. Net profit rose to Rp 638...

Discussion on proposed Indonesian cut-back continues

Mar 12, 2015

There is some possibility of a reduction in sales by Indonesian tin producers, but details and timing remain to be decided. Following an earlier meeting on 27 February involving 25 smelters organised by Bangka-Belitung Governor Rustam Effendi, a working group...

Brazil boosts Minsur production in 2014

Mar 5, 2015

Minsur’s Q4 2014 consolidated results reveal a 3% increase in total tin production from its Brazilian and Peruvian operations to 29,234 tonnes in 2014 compared to the previous year. This is despite a 5% fall in tin production in Q4 2014 to 7,734 tonnes from the...

Indonesian tin shipments plan still unclear

Mar 3, 2015

Following a meeting on Friday called by the Governor of Bangka-Belitung province, Rustam Effendi, Indonesian tin exporters are continuing to discuss whether or how to manage their sales in order to support tin prices. Bloomberg reported that the 25 companies involved,...

Minsur production higher in 2014 despite fourth quarter results

Feb 24, 2015

Individual Q4 results for Minsur’s Peruvian operations have been released showing a 7% fall in tin production for the quarter, to 6,190 tonnes, compared with the final quarter of 2013, although total production for the year just exceeded that of 2013...

Indonesian producers announce curbs on tin sales

Feb 17, 2015

PT Timah and the Association of Indonesian Tin Exporters (AETI) have announced different approaches to limiting sales in order to support prices over the last few days. The moves have been in response to the slump in LME prices to a low of $17,445 last week and a call...