Huanuni expansion on hold
The plan to double ore processing capacity at Bolivia’s largest tin mine continues to be delayed. Empresa Minera Huanuni (EMH), part of the state mining company Comibol, has not yet awarded the contract for the expansion of its tin complex, general manager...
Bolivia-Venezuela tin deal
Bolivian President Evo Morales and Venezuelan counterpart Hugo Chávez have signed a deal to sell 750 tonnes of tin from Bolivia's Vinto metallurgical complex (EMV) to Venezuela for US$10.5 million, according to BNamericas, quoting press reports in both...
China Tin invests in Indonesian smelter
China Tin Group and joint venture partners Unionmet (Singapore) have entered into an agreement to acquire a 65% stake in PT Yinchenindo Mining Industry for US$10 million, according to Datamonitor. China Tin is China’s second largest integrated tin company,...
PT Timah profits tripled
Indonesia's state-owned tin enterprise, PT Timah reported that its audited 2010 net profit tripled to 948 billion Indonesian rupiahs (US$104 million) compared with a year earlier, as a result of higher global tin prices. Net profit was 18% higher than the company's...
China tin imports decrease by 84% in February
China imported 309 tonnes refined tin in February, down by 84% y-o-y, according to China Customs. The total import in Jan-Feb is 1,024 tonnes, down by 65% y-o-y. The low imports are due to a combination of the unfavourable China-LME price differential and the Spring...
China’s tin production rising
China’s refined tin production increased by 19% y-o-y to 23,995 tonnes in January-February 2011, according to data from China Nonferrous Metals Industry Association (CNIA). Production in January and February was 12,440 tonnes and 11,555 tonnes respectively. The...
Tin could cool Fukushima reactor say Chernobyl team
A special working group set up in Ukraine has passed Japan its proposals on stabilizing the situation at the Fukushima nuclear power plant in Japan, the Interfax news agency reported. The group comprises specialists who were involved in clearing the aftermath of the...
Indonesian smelter plans LME listing
One of Indonesia’s larger private smelters hopes for an LME listing of its brand, Metal Bulletin reports. Indonesia's PT Bukit Timah has applied to the London Metal Exchange (LME) to list its "IMLI" brand of 99.90% tin ingot on the exchange, said a...
Indonesian exports dip in February
Indonesia’s trade ministry reported that 7,431 tonnes of tin was cleared for export in February, down from 9,914 tonnes in January. The data is based on surveys carried out as part of its export licensing scheme, which has now been in operation just over a year....