Timah cuts capital spending
Indonesia’s state controlled tin company PT Timah will reduce capital spending further this year in response to adverse market conditions. Timah president director Wachid Usman said that the budget for investment this year would be reduced from Rp 900 billion...
China’s metals import boom
Official customs statistics released today show that China absorbed huge volumes of non-ferrous metals in April, although this has been mainly due to arbitrage business and stockpiling rather than strong consumption by end-users. Refined tin imports in April were a...
Indonesia quotas – still talking
Indonesia, the world's top tin exporter, still plans to limit production this year to support prices and reduce environmental damage, the director of mineral and coal production at the energy and mines ministry told Reuters. Bambang Gatot Ariyono said rules on tin...
Koba back on track
Indonesia’s PT Koba Tin is back on track to produce over 9,000 tonnes of refined tin this year, following a quick recovery from the flooding of two of its gravel pump units earlier this month. “We have managed to pump water out from two mines, so mining...
ITRI forges further links with China
Representatives of ITRI, the international tin association, have visited China to participate in the ‘Annual Conference of the Chinese Solder Association’ held in Xian, 17th-18th May. ITRI is looking to forge close links with all sectors of the Chinese tin...
Bolivian tin production rising
Despite lower prices, Bolivian production of tin and other metals has increased this year, according to reports this week. Bolivian Mining Minister Luis Albert Echazu told Bloomberg yesterday that average monthly output at the state-controlled Vinto tin smelter has...
Pirquitas starts silver production, tin to follow
Silver Standard Resources reported that its silver-tin-zinc Pirquitas project in Argentina has started producing silver and will soon be producing tin. Since the end of March the company has completed commissioning of the silver flotation circuit and commenced...
Chinese tin production revives in April
Provisional data released today by China’s National Bureau of Statistics showed that refined tin production continued to recover in April. April production was reported at 12,472 tonnes, up 8.5% year-on-year. This is the first month this year that output has...
Indonesian exports, production down
Latest data released by Indonesia’s trade ministry showed that the tonnage of tin checked prior to export declined sharply in April, while there have been several reports of production problems due to wet weather and other factors. In April surveyors working for...