Resumption of some Indonesian export sales
During the course of last week statements from spokesmen for various Indonesian tin producers indicated that the halt to exports that was called from 1 October will not be 100% effective. In particular state-controlled PT Timah will continue to fulfil long-term...
New company to develop German tin deposits
A new Australian-based company has been formed to assess the development potential of two very large tin deposits in Saxony in eastern Germany estimated to contain some 180,000 tonnes of tin. Deutsche Rohstoff AG has spun off its tin assets into a new company, Tin...
Indonesian exports fall ahead of halt
Preliminary data from Indonesia's trade ministry showed that tin metal sales declined sharply in September, ahead of the halt in exports called by producers from 1 October. The volume of tin checked prior to shipment last month was 5,233 tonnes, down 24% year-on-year...
DR Congo government hopes for new tin smelter
The Democratic Republic of Congo is in "very advanced talks" with Malaysia Smelting Corporation, the world's third-biggest tin producer, to build a tin smelter in eastern Congo, Mines Minister Martin Kabwelulu told Bloomberg. The plant would be built at Kalima, about...
Peru tin production lower
Latest mine production figures released by Peru's Mines and Energy Ministry showed higher copper and gold production in August, but lower output of tin, lead, zinc and silver. August production of tin-in-concentrate from Minsur's San Rafael mine in Puno province fell...
LME Week ITRI View on Tin
The following piece was written at the invitation of ThomsonReuters as part of a series of articles by analysts on different metals markets. It is titled "Invest in the little one". PK An investment fund manager told me recently that he might be interested in dabbling...
Indonesian companies plan Jakarta tin market
The deputy chairman of the Indonesian Tin Industry Association, Rudy Irawan, told The Jakarta Post its members would establish the Jakarta Tin Market (JTM) as the sole market for Indonesian tin products. "The JTM will be like a joint company with the task to market...
All Indonesian producers to halt exports
Following a meeting held on Monday evening with Bangka Belitung Governor Eko Maulana Ali, all Indonesian producers have said that they will halt exports from 1 October in order to support tin prices. Exports will resume if the price recovers to $25,000/tonne, Johan...
US may resume tin stockpile sales in 2013
The US Defense Logistics Agency (DLA) could potentially resume disposals of small quantities of tin from 2013, American Metal Market reported. The National Defense Stockpile Market Committee has called for market comment on the impact of DLA Strategic Materials'...