PT Timah builds stocks to support price

Jul 28, 2014

Indonesian state tin company PT Timah continued to build up stocks in the second quarter, noting in a release accompanying its 2014 first half year results that “managing…tin supplies available for sale at ICDX is our business strategy to maintain price...

Investment needed to boost tin supply

Jul 22, 2014

In a new report on the outlook for the tin industry ITRI concludes: “There is a high probability of a tin shortage developing within the next five years, even if growth in usage is slow.” The industry association calls for an acceleration in investment in...

Renison production up in H1

Jul 21, 2014

Unaudited production data released by Hong Kong-based shareholders L’sea Resources show that tin-in-concentrate production at the Renison mine in Tasmania rose by 2.1% to 3,096 tonnes in the first half of the year. L’sea has a 41% stake in the operation,...

Indonesian data diverges

Jul 14, 2014

Latest tin data released by Indonesia’s trade ministry on 10 July, the day after the country’s presidential election shocked many industry participants and observers. The total tonnage of tin checked by surveyors prior to shipment amounted to 12,377...

China tin trade patterns little changed in May

Jul 9, 2014

China continues to be a net exporter of tin metal (mainly in the form of duty-free tin products) and a big buyer of concentrates from Myanmar, according to latest customs figures. China imported 645 tonnes refined tin in May, down by 51% y-o-y, but a 59% rise compared...

PT Timah holds back on sales

Jul 7, 2014

First quarter results belatedly published by PT Timah on 30 June showed that it had boosted production but reduced sales in January-March. In interviews with the Jakarta Post and Reuters last week, the state-controlled company’s President Director Sukrisno said...