Consolidated Tin increases production estimates, looks for Chinese partners
Consolidated Tin Mines announced the results of new metallurgical test work relating to its Mt Garnet project in Queensland, Australia which suggest that it can recover more tin into concentrates than previously estimated. New studies suggest tin recoveries of 68% in...
Vinto production increase confirmed
Bolivian state tin producer Empresa Metalurgica Vinto (EMV) has increased its 2010 production goal to 13,000 tonnes, a spokesperson from the country's mining and metallurgy ministry (MMM) told BNamericas. "The new projection is based on the incorporation of the...
Indonesian smelter closes
One of the larger independent tin smelters in Bangka island, Indonesia's main source of tin, has shut down because of financial difficulties, an industry official told Reuters. PT Donna Kembara Jaya, which closed down last week, exported 5,176 tonnes of refined tin in...
Jump in Japan’s tin imports
Japan’s imports of refined tin the January-April 2010 amounted to 10,837 tonnes, up 81% year-on-year on the same period of 2009, when the global financial crisis had resulted in a major fall in the country’s manufacturing and export activity. An analysis...
Another slow month for Indonesian exports
Provisional data released by Indonesia’ trade ministry today indicates that tin exports in May were 7,333 tonnes, 26% lower than in the same month of last year. Cumulative tonnage for the five months from January to May was 35,234 tonnes, down 16% year-on-year....
Bankruptcy petition by Novosibirsk
Novosibirsk Integrated Tin Works (NOK), Russia's sole producer of the metal, is seeking to be declared bankrupt, according to a regional arbitration court's website on Monday. Quoting the website, Reuters reported that NOK's total debt was 1.18 billion roubles ($38...
Indonesian patrol seizes tin ore shipment
Indonesia has seized a ship carrying 15 tonnes of illegal tin ore on its way to Malaysia from West Kalimantan in Indonesia, an Indonesian customs department spokesman told Reuters on Sunday. The ship was captured by a customs patrol in Indonesian waters near Natuna on...
LME stocks shifted
2,000 tonnes of tin has been shifted from the LME’s warehouses in Asia into Exchange bonded warehouses in Europe. According to Metal Bulletin Deutsche Bank is responsible for shipping the tin, in order to take advantage of higher physical premiums in Europe. The...
ITRI Tin Conference Identifies Tin Consumption Recovery
ITRI recently held an International Tin Conference in Vancouver, Canada, which over 180 delegates attended. There were 30 speakers who presented papers on production, consumption, investment, trade and regulations. Some of the main points identified are: • China...