China Tin listing next month
China Tin is expecting to complete an initial public offering of its shares on the Shanghai stock market by the end of July. The company lodged its prospectus with the China securities regulatory commission in April and is now waiting for final approval to proceed...More production problems in China
While continuous large imports and soft demand have resulted in a build-up of tin metal stocks in China, tin may continue to flow into the country due to mine supply problems. Tin production in China is declining because of the pressure of drought conditions,...YTC reports improved 2011 results, but warns on Q1 weakness
Yunnan Tin Company, the world’s largest tin producer, said on Tuesday that its net profit for 2011 increased 92% year-on-year to RMB 703 million yuan (US$112 million at current exchange rates). According to a filing with the Shenzhen stock exchange reported by...China imports soared in February
Chinese refined tin imports soared in February to 3,719 tonnes, twelve times higher than a year ago, as well as a 130% growth versus January, according to China Customs data. The large tonnage is believed to include delayed deliveries of substantial volumes of tin...China mine production still constrained
While some of the larger tin mines in Guangxi province have re-opened recently, smelters in China remain very concerned about raw material supply constraints. Smaller mines in Guangxi are still awaiting permission to re-start, while drought and other environmental...Guangxi tin mines remain closed
Tin mines in the Hechi city area of Guangxi province, China, remain closed as the authorities investigate cadium poisoning of the Longjiang River. Last week ten people from two local zinc smelters were arrested, Metal Bulletin reported. One of the plants, Guangxi...China tin imports decline in January
China imported 1,615 tonnes refined tin in January, according to latest China Customs data. This was less than half of December’s level, and the biggest month-on-month decline of all the base metals. The refined tin imported was mainly from Indonesia and...China raises resource tax on tin and other minerals
China raised the resources tax on six minerals, including iron ore, tin and molybdenum, to help conserve reserves in the world’s second-biggest economy, Bloomberg reported, citing the official China Taxation News service. The increase was effective from February...Guangxi tin operations closed
Large numbers of metal enterprises, including mines, concentrators and smelters in Hechi city, Guangxi province are closed after Spring Festival as a consequence of cadmium pollution in the Longjiang River. Although the main tin producer in Guangxi, China Tin, still...
