Indonesian tin sales fall after PT Timah announces production cuts

Sales through Indonesia’s main tin bourse, the Jakarta Futures Exchange (JFX), fell in March after PT Timah announced production cuts. The world’s largest tin producer, PT Timah, announced that it would delay some exports in March after the outbreak of the...

PT Timah break ground on smelter upgrades

PT Timah, the world’s second largest tin producer, broke ground on the construction of its new smelter today, 30 January 2020. The smelter will use Ausmelt technology and will have a capacity of some 40,000 tonnes. The company estimates that the new smelter will...

PT TIMAH confirm export cuts

Indonesian state-owned tin producer PT TIMAH has reaffirmed its plan to reduce refined tin exports by 2,000 tonnes per month after having announced the plan in September in response to low tin prices. Speaking to Indonesian news agency ANTARA on Friday 4 October,...

JFX launches physical tin contract

The Indonesian-based Jakarta Futures Exchange (JFX) has launched a new physical tin contract, which has been backed by the country’s major producer, PT Timah. The JFX initially aimed to bring a physical tin contract to the market in 2013, but this was delayed,...

ICDX launches new physical tin contract

The Indonesia Commodities and Derivatives Exchange (ICDX) has launched a new physical tin contract today, Monday, 4 March. The Ex-Warehouse Physical Contract transfers tin exports to bonded warehouses, operated by the Bonded Logistics Centre (PLB). This is the first...

Indonesian tin exports up in December

Data released by the Indonesian Ministry of Trade (MOT) on 11 January 2019 revealed that Indonesia exported 5,260 tonnes of refined tin in December, up 51% on the previous month. However, in Q4, exports totalled some 13,800 tonnes, the lowest quarterly total in 2018....

PT TIMAH production rises in Q3

PT TIMAH, the Indonesian state-run tin producer, has released its most recent quarterly statistics, detailing results for the first nine months of the year. Refined tin production in Q3 has seen a quarter-on-quarter increase of 27%, up to 8,898 tonnes, despite being...

PT TIMAH production recovers in Q2

The Indonesian state-run tin producer, PT TIMAH, has released its results for the second quarter of 2018, which reveal a 31% quarter-on-quarter increase in refined tin production to 7,005 tonnes, although this represented a 12% decline compared to the same period of...

Outotec to deliver Ausmelt for TIMAH

Indonesian state tin producer, PT TIMAH, has agreed to a deal for the design and delivery of a new tin smelter with Finnish firm, Outotec, based on their Ausmelt Furnace technology. The delivery of the furnace is expected to take two years, with completion targeted by...