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...

PT TIMAH production falls significantly in Q1

The Indonesian state-run tin producer, PT TIMAH, has released its results for the first quarter of 2018 which reveal a 23% year-on-year decline in refined tin production to 5,361 tonnes, the lowest quarterly output since Q1 2016. Production of tin ore by the company...

Export license rule change restricts Indonesian shipments

Changing rules regarding the granting of export permits for Indonesian tin producers have restricted shipments of refined tin since early March. Customs data revealed shipments fell to 5,469 tonnes in March, down from 7,207 tonnes in February, while Indonesian...

PT TIMAH production rebounds in 2017

The Indonesian state-owned tin producer, PT TIMAH, has released its 2017 results which reveal that tin-in-concentrate production from mining operations rose 29% to 31,178 tonnes, while refined tin production increased 27% year-on-year to 30,249 tonnes. The increased...

Indonesian tin exports end 2017 strong

Indonesian tin exports in December totalled 7,056 tonnes according to preliminary figures released by the trade ministry this week, down 11% month-on-month but up 17% year-on-year. 22,610 tonnes of tin was shipped from Indonesia in Q4, up 29% year-on-year and the...

PT Timah maintains strong performance in Q3

State-owned Indonesian tin producer, PT Timah, has reported refined tin production of 7,932 tonnes for Q3 2017, effectively unchanged from Q2, but up 22.5% year-on-year. Mined tin output fell 7.5% to 7,776 tonnes from the previous quarter, but was up 13.3% on the...