DLA offers 4,000 tonnes
The US government’s Defense Logistics Agency has issued a solicitation of offers for 4,000 tonnes of tin. Offers for the metal, all stored in a DLA warehouse in Hammond, Indiana, are due in by next Wednesday 28 November. Interested parties are invited to bid for...
YTC comments on growth plans
Yunnan Tin Company expects to produce 60,000 tonnes of tin this year, but will hold back on further increases in production due to concerns about raw material supplies and prices. “We need to secure supplies of raw materials. We also want to control output. If...
Production increases at Huanuni on track
Comibol’s Huanuni mine in Bolivia produced 708 tonnes of tin-in-concentrate in October, according to local press reports quoted by BN Americas. “It's an acceptable figure considering that there have been no concrete investments,” the general...
Monsoon begins to reduce Indonesian supplies
The onset of heavy rains on Bangka and Belitung islands is reported to have reduced ore supplies to independent smelters by over 20% this month. “Workers fear landslides may occur as a result of the heavy rains. Even when the weather is dry, the lands may still...
Chinese tin production revives in October
Preliminary non-ferrous metals production figures released by China’s National Bureau of Statistics showed that refined tin output rose 6.8% year-on-year to 13,214 tonnes in October. Meanwhile production of other metals such as copper, aluminium and zinc grew...
Rise in Peru’s tin production
Peru’s September output of tin-in-concentrate rose by 14.2% year-on-year to 3,369 tonnes, according to official mine production fugures released by the Ministry of Energy and Mines yesterday. All of the country’s production comes from Minsur’s San...
Large Indonesian exports indicated in October
Provisional data issued by Indonesia’s Ministry of Trade today indicate that the volume of tin being shipped from Indonesia remains large, and may have increased in the last month. The surveyors’ reports used by the Ministry show that 13,509 tonnes of...
Yunnan Tin reduces Australian stake
China’s Yunnan Tin Group is swapping part of its shareholding in Australia’s YTC Resources Limited for a stake in Hong Kong listed Poly Investment Holdings, as well as investing a further HK$ 192 million in the latter company. At the end of the planned...
Quotas or no quotas?
Last week there was a spate of comments from Indonesian government officials regarding the possible introduction of tin export or production quotas. Not surprisingly these conflicting reports have been feeding price volatility around the current record levels, so we...