Big changes in China tin trade in 2013
Annual Chinese trade figures released this week show a 56% fall in refined tin imports and a 99% rise in tin metal exports last year, while concentrate imports, mainly from Myanmar, more than tripled in volume. China’s total refined tin imports in 2013 were...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...
