Yunnan Tin acquires majority shareholding in Gejiu Zili
Yunnan Tin Group announced on March 12 that it has signed a deal to purchase a 67% stake in Gejiu Zili Metallurgy Co., Ltd., according to Antaike in Beijing. Yunnan Tin is the largest producer of refined tin worldwide, with 2006 output of 52,399 tonnes. The total...
Australian tin production starts to recover
Australian production of tin-in-concentrate increased by 182% year-on-year to 656 tonnes, according to new official statistics published by ABARE. This reflects the build up towards full capacity by Metals X’s Collingwood mine in Queensland, which accounted for...
Huanuni strike settled
Normal working resumed at Comibol’s Huanuni mine in Bolivia yesterday after 5,000 striking workers returned to work. The strike had begun on Saturday over payment of productivity bonuses for January. In January tin-in-concentrate production reached a record...
Minister denies Indonesian quota plan
Indonesia's energy and resources minister has dismissed talk that the government may impose a quota on tin exports. The denial followed a comment made by an official in the ministry last week that the country may attempt to support prices through the imposition of a...
Mixed rumours on Indonesian tin exports
Opposing views on official attitudes to Indonesian exports were reported in the metals press on Wednesday. Metal Bulletin noted that the newly elected governor of Bangka Belitung province was supportive of independent smelters. Eko Maulana Ali Suroso was announced as...
PT Timah is sole authorised Indonesian tin exporter
The state controlled tin company PT Timah is since February 23 the only company in Indonesia with an export permit from the Trade ministry. Timah’s licence was granted last Friday, but other applications by seven independent smelters were turned down. The...
Brazilian tin production recovers
Brazilian mine production of tin fell by 16% to 9,265 tonnes in 2006, according to new figures published by its tin producer’s association SNIEE. However after a sharp fall in the first half of last year, output recovered strongly in the fourth quarter, as...
MSC looks for early resolution of Koba investigation
Malaysia Smelting Corporation has reported improved financial results in the final quarter of 2006, and is hoping for a speedy resolution of the ongoing police investigation of its Indonesian subsidiary PT Koba Tin. In the notes accompanying the financial results...
Mittal ordered to sell Sparrows Point plant
The US Department of Justice ruled on Tuesday that Mittal Steel should divest its Sparrows Point plant to satisfy anti-trust considerations relating to the tin mill products business in the USA. The DOJ ruling is due to the large share of tin mill products sales...