Tighter controls on Indonesian solder exports planned

Indonesia plans to tighten controls on tin solder exports by controlling the size of solder wire allowed for sales overseas, the Director General of Foreign Trade at the country’s trade ministry Bachrul Chairi told Bloomberg on Friday. Over the last six months...

China refined tin imports drop to 10 year low

China’s monthly refined tin imports in February reached the lowest point in the last 10 years. Imports in February were only 210t, down by 82% year-on-year. Affected by the Spring Festival, the whole tin industry was inactive for nearly half of the month. It is...

ICDX plans to expand activities

The Indonesia Commodity and Derivatives Exchange (ICDX) continues to attract new tin producer members and will look at establishing tin futures trading after September, Exchange Commissioner Fenny Widjaja told Bloomberg. The exchange has 21 producer members, with six...

PT Koba Tin awaits mining licence under new ownership

Local news media reported that production at the PT Koba tin mining site could revive, with PT Timah holding a 40% stake and the Bangka-Belitung provincial government holding the remaining equity through three regional state-owned enterprises (BUMD). However the...

MSC unit to acquire Malaysian tin prospect

Malaysia Smelting Corporation’s mining subsidiary Rahman Hydraulic Tin (RHT) has agreed to acquire an 80% stake in SL Tin Sdn Bhd, which has a 15 year mining lease at Sungei Lembing in Pahang state. The sole shareholder of SL Tin, Dayang-Dayang Sdn Bhd, agreed...

Bangka police seize tin ore

Police seized more than 40 tonnes of illegal tin ore at a warehouse in Bangka regency, Bangka-Belitung Islands, on Saturday, a local police chief told the Antara news agency. Bangka Police chief Bagus Rai Erliyanto, said the warehouse owner could provide no legal...