Yunnan Tin and PT Timah establish strategic partnership
Yunnan Tin Company (YTC) and PT Timah, traditionally the two largest producers of refined tin globally, have established a strategic partnership to strengthen their respective positions in the market. A delegation from PT Timah and parent company MIND ID visited China...Slow but steady progress on Indonesian exports
June export data released in mid-July by Indonesia’s Ministry of Trade show refined tin output fell 44% year-on-year, rising 35% from May. The country—the world’s largest exporter, and second largest producer of refined tin—has exported only 14,752 t refined tin in...Yunnan Tin and PT Timah discuss strategic cooperation
The world’s largest producer of refined tin, Yunnan Tin, met with PT Timah, Indonesia’s largest and the world’s fifth largest producer, in Jakarta earlier in June to discuss future strategic cooperation following discussions at ITA’s International Tin Conference last...Trading resumes in Indonesia
ITA understands that two of Indonesia’s three largest smelters, including PT Timah, have now restarted exporting tin. Exports in February stood at 55 tonnes, representing a marginal increase from January, and a 98% decrease from February 2023. Trading on the...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...Growing concern over Indonesian output amid licensing delays
Uncertainty continues around Indonesian tin production and exports amid amplified seasonal licensing delays, while a presidential election and police investigations into corruption allegations add complexity. Indonesia’s tin industry has recently come under...Indonesia classifies tin as a critical mineral for strategic development
The Ministry of Energy and Mineral Resources (ESDM) has officially designated 47 minerals, with a special focus on tin and nickel, as critical for Indonesia’s strategic and energy objectives. In Indonesia’s latest review of critical minerals, tin has been...PT Timah Tbk empower local communities through knowledge & training
As part of ongoing ESG efforts, ITA member PT Timah Tbk has recently undertaken a local community initiative to provide educational training on the preservation of mangrove forests to the people of Setunak Island and Karimun Regency in Indonesia. These areas are...Indonesian government plans tin royalty changes
The Indonesian government is considering changing the royalty rate for tin. The government has been debating the existing system in a session today (21 June 2022). Currently, tin producers pay a flat rate of 3% on all tin production to the government. However, the new...
