Indonesian tin exports robust in May
Indonesian tin exports in May amounted to 6,989 tonnes, up 30% year-on-year and up 10% compared to April, according to preliminary figures released by the trade ministry earlier this week. This brings the total for 2017 so far to 31,385 tonnes, up 43% compared to the...
YTC receive permission to carry out processing trade
On April 20th this year, Yunnan Tin Company (YTC), the largest tin-producing company in China, received sole permission from the Ministry of Commerce of the People's Republic of China to carry out the processing trade of tin concentrate. The policy, which was...
MSC profits rise sharply in 2016
Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group's revenue was broadly stable at RM1.5 billion in...
Debt financing to fund La Parrilla expansion
London Stock Exchange listed, W Resources Plc (AIM:WRES), has started a process to raise some US$24 million in debt finance to fund the US$27 million expansion of its La Parrilla tungsten-tin project in the Extremadura region of south-west Spain. The second stage of...
Korea stockpile makes first purchase of 2017
South Korea's Public Procurement Service (PPS) bought 200 tonnes of 99.9% Indonesian tin from Daewoo at its latest tender on 23 May, including 100 tonnes at 400ppm lead at a US$480 cif premium to the LME price and 100 tonnes of 100ppm low-lead tin at a premium of...
Pitinga producing at full capacity in Q1
Minsur's 2017 first quarter consolidated results, released last week, reveal that tin-in-concentrate production by its Brazilian subsidiary, Taboca, rose by 18% to 1,767 tonnes compared to the first quarter of last year, while Taboca's output of refined tin rose 59%...
ITRI Tin Industry Review 2017 report now available
ITRI has published its latest authoritative report on the global tin market, titled the "ITRI Tin Industry Review 2017 – Navigating Global Uncertainty". This is the fifth edition of a series of major studies on the tin industry outlook published by ITRI since 2008....
Renison expansions progress as Q1 output remains flat.
In its latest quarterly report, Metals X reported Q1 tin-in-concentrate production from the Renison Mine in Tasmania remained broadly flat at 1,783 tonnes, up just 1% from the previous quarter. While production is currently steady, progress was reported on both the...
Myanmar ore exports continue year-on-year decline
Latest official China customs statistics reveal that March imports of tin ore and concentrate from Myanmar totalled 20,058 tonnes (gross weight), up 132% from February, but down 58% year-on-year. There has been an obvious decline in shipments from Myanmar in the first...