Timah reports fall in first half tin sales
PT Timah sold around 18,000 tonnes of tin in the January-June period at an average price of $25,000/tonne compared with $19,000/tonne a year earlier, Chief Executive Wachid Usman said Wednesday, Dow Jones reported. The state-owned tin miner sold 19,760 tonnes of tin...
China issues more export quotas
China issued the second batch of nonferrous metals export quota for 2011, which was equivalent to 40 per cent of the annual issued amount. Among them, the export quota for tin products was 7,097 tonnes. The areas and company allocated quotas are Yunnan, Zhejiang,...
Chinese companies awarded Huanuni expansion contract
A Chinese engineering group has been awarded a US$50 million contract to build a new processing plant next to Bolivia's Huanuni mine as the country seeks to expand production at one of the world's largest tin mines, Dow Jones reported. Vicstar Union Engineering, a...
Indonesian shipments soar
Provisional data from Indonesia’s trade ministry released today shows a big jump in exports in June. Data compiled by surveyors under the country’s export licensing system shows that 10,875 tonnes of tin was checked prior to shipment, 35% higher than in June 2010....
2012 International Tin Conference in Cape Town
ITRI is pleased to announce that it will be holding the 2012 International Tin Conference at the Mount Nelson Hotel, Cape Town, between 23rd and 25th April 2012. This is the foremost tin industry event and an opportunity to meet the key industry players and debate the...
China secondary smelters cut production
Tin recyclers in southern areas of China have cut production as the government toughened environmental checks and imposed power restrictions. “Most producers in Guangdong have suspended more than half of their capacity, as was ordered by the local government, and also...
China’s refined tin production fell in May
Chinese refined tin production fell by 6% in May compared with April, but the total production in January-May has reached 63,416 tonnes, up by 8.6% y-o-y according to the data from CNIA (China Nonferrous Metals Industry Association). It should be noted that the...
China’s May tin imports low
New official trade data reported by Reuters shows that China’s imports of refined tin and alloys in May were 857 tonnes, 47% lower than in May 2010. Year-to-date imports in the first five months of the year amounted to 3,947 tonnes, 58% lower than in January-May 2010....
Interest in physical base metal ETPs wanes further
Holdings of LME warrants backing exchange traded products (ETPs) listed on the London Stock Exchange by ETF Securities remain very small and are tending to decline rather than rise. Latest data shows that just 165 tonnes of tin is tied up in these products, down from...