YTC halts smelter for maintenance

Yunnan Tin Company Limited announced that it has commenced a regular smelting equipment maintenance at its main 50,000 tpy capacity Gejiu plant from 30th December in order to ensure good performance and sustainable production. It is estimated that the maintenance work...

China issues first 2014 export quotas

China has issued the first batch of 2014 metal export quotas, including rare earths, antimony, molybdenum, tungsten, indium and tin. The initial quotas, excluding rare earths, account for about 70 percent of the total China aims to give for the industrial metals in...

China exports rise, imports fall

China’s net refined tin imports have fallen sharply this year as a result of over-supply in its domestic market and unattractive price arbitrage. According to official customs figures, China exported 826t refined tin and tin alloy in October, up by 560% y-o-y....

Yunnan Tin head charged

Chinese authorities have arrested and charged Yunnan Tin chairman Lei Yi for accepting bribes, in the latest example of the country’s crackdown on graft. Reuters reported that he had been charged with taking 20 million yuan ($3.27 million) in bribes from four...

China’s ore imports from Myanmar booming

Reuters reports that tin ore shipped from Myanmar across the border for processing in Yunnan, China’s key tin producing province, more than tripled in July to 8,392 tonnes, quoting official Chinese customs statistics. Imports for the first seven months of the...

Yunnan Tin in $634m share sale to fund copper, lead projects

Yunnan Tin Co plans to raise up to 4.08 billion yuan ($634 million) in an A-share offering to undisclosed investors to finance its plans to acquire mining assets and expand copper and lead smelting capacities. Yunnan Tin plans to use 1.135 billion yuan of the proceeds...

Yunnan Tin reports slump in first half profit

Yunnan Tin Company reported a net profit of RMB 77.1 million (US$12.1 million) for the first half of 2012, down 78% year-on-year. In the period its operating revenue slid 12% from the same period last year to RMB 5.62 billion ($885 million). While there was an...

Yunnan Tin chairman under investigation

The chairman of Yunnan Tin Group and its listed subsidiary Yunnan Tin Company, Mr Lei Yi is under investigation for alleged “serious disciplinary violations”, according to a company statement reported by Dow Jones. Dow Jones noted that this phrase is...

China refined tin imports up and down in May

China refined tin imports in May were 1,315 tonnes, down by 16% compared to May last year, but up by 10% compared with the previous month. Imports of tin from Indonesia rebounded following a pick-up in its overall export levels during the month. China imported 7,639t...

China tin imports decline, exports increase

The latest official data shows China imported 1,198t refined tin in April, down by 27% year-on-year and 24% compared to the previous month. The biggest decline was in imports from Indonesia, which fell by 68% y/y. This fits with a 16% y/y fall in Indonesian exports to...