Global tin production sees modest decline in 2023
2023 saw global refined tin production of 370,100 t, representing a decline of 2.1% from 2022. Approximately 59% of this tin originated from just ten leading smelters, whose collective output increased by 856 t. The top two producers remain unchanged, with Yunnan Tin...Wa State authorities amend tax policy but no move to end the mining suspension
Authorities in Wa State earlier this month announced a change in mining tax policy effective from 7th February 2024, with all producers now required to pay a universal 30% tax-in-kind on tin concentrate exports. The autonomous northeastern state of Myanmar suspended...YTC visits ITA during LME Week
A delegation from Yunnan Tin Corporation (YTC), led by Han Shouli, Vice President and General Manager of Yunnan Tin Group (Holding) Company Limited, visited the ITA headquarters in St Albans, London in October. The visit was an opportunity to enhance the relationship...Refined imports fall on quiet Chinese market
China’s imports of refined tin halved in June as the large arbitrage waned amidst weaker demand for the metal. In September 2021, prices on SHFE overtook the LME to open an import arbitrage, encouraging metal into China. With the global supply of tin tight during this...Ganzhou Kaiyuan announces smelter maintenance
Ganzhou Kaiyuan is the latest Chinese tin smelter to announce annual maintenance. In an announcement published on 20 June, the company said that considering the state of the smelting equipment, it would replace the furnace bricks and complete maintenance on its...Producers pull back as Chinese price plunges
Smelters in China will reduce their output over the next month due to a combination of scheduled maintenance and lower tin prices. Smelters are continuous operations, constantly purchasing tin concentrate and selling refined tin. In much of the world, producers hedge...Myanmar exports drop on major port closure
Chinese imports of tin ores and concentrates from neighbouring Myanmar dropped considerably in April as the closure of a major port prevented trade. China imported some 15,811 tonnes of ores and concentrates in April according to the latest customs data. Some 60% of...Yunnan Hualian mine closes on COVID risk
Yunnan Tin Co., the world’s largest tin producer, has been forced to temporarily cease operations at one of its mines. Mining at the company’s Yunnan Hualian Zinc and Indium Co. subsidiary ceased on 18 April to comply with the local government’s...High China price sees import surge
The latest customs data from China indicates that the country imported significant quantities of tin during March, likely because of the high local price. China imported some 28,986 tonnes of tin ores and concentrates (gross weight) in March 2022. This material was...
