Further delays to Baiyinchagan restart

Yinman Mining is experiencing further delays to the restart of its Baiyinchagan mine. The Chinese tin miner closed its mine in February last year after an accident. On 23 February 2019, an accident at the Baiyinchagan mine killed 21 people, injuring a further 29. As a...

YTC-Minmetals merger falls through

China Minmetals will no longer take over Yunnan Tin Group (YTG), which owns the world’s largest tin producer Yunnan Tin Co. (YTC), according to a report to the Shenzhen Stock Exchange on Monday.   YTG announced greater cooperation between its major shareholder,...

Constrained Chinese market struggles to source tin

Despite the large arbitrage between the Chinese domestic tin price and the LME price, imports of refined tin into China were lower than expected in October. China’s import arbitrage continued to widened from September as the SHFE tin price performed better than the...

SMM see tin price breaching US$ 20,000 in 2020

According to Shanghai Metals Markets (SMM), tin prices on the Shanghai Futures Exchange (SHFE) are likely to rebound to above US$ 20,000/tonne by the end of the year on the back of tight supply. SMM data, as well as ITA figures, indicate that refined tin production in...

Mine accident further tightens Chinese tin market

The already tight tin concentrate market in China has been dealt a further blow after a mine collapsed near the city of Hechi, Guangxi province, killing two and trapping a further 11 people. At about 6:30 on 28 October, the roof at a mine owned by Qingdaxiyuan Mining...

Asia Tin Week: Medium-term tin market future is positive

ITA held its annual Asia Tin Week event in September, located this year in the city of Xi’an, China. Over 250 delegates gathered at the event to discuss the tin market as well as future applications and sources of tin. The occasion also celebrated the tenth...

Falling tin prices prompt Chinese smelters to reduce production

With low tin prices on both the London and Shanghai trading houses, Chinese miners are struggling to generate a profit, resulting in lower production of tin concentrate. Combined with mine closures earlier in the year, smelters in the country are finding it difficult...

Chinese export window closes as ore imports continue decline

China’s import of tin concentrate continued to fall in May relative to last year as mine production in Myanmar continues to decline, while refined tin exports also fell due to a shrinking arbitrage between the Shanghai and London-based metals exchanges. Customs...

Potential YTC – Minmetals merger announced

According to local sources, the Yunnan provincial government and China Minmetals are set to finalise a deal that will deepen the ties between the two organisations. This could result in China Minmetals becoming the majority shareholder of the Yunnan Tin Group...