Sukrisno comments on Timah 2014 plans
In an interview with the Jakarta Post, PT Timah President Director Sukrisno outlined the company’s plans for investment in Myanmar and forecast an improvement in profits in 2014. Timah has secured a 10,000-hectare tin concession area in Pubyien-Tamok, Tanihary...Ministries forecast 2014 Indonesian tin supply
Indonesia’s Ministry of Energy and Mineral Resources and Trade Minister Gita Wirjawan have this week given similar forecasts on Indonesian tin supply volumes in 2014, Bloomberg reports. On Wednesday an energy ministry presentation to parliament forecast that tin...Indonesian exports soar in December
Provisional data released by Indonesia’s trade ministry today show that tin exports jumped to 13,562 tonnes in December, up by 161% on the previous month and by 56% compared to December 2012. The report is based on checks carried out by surveying companies prior...PT Timah lifts force majeure
PT Timah has lifted a force majeure declaration it made on sales to contract customers on 30 August, Corporate Secretary Agung Nugroho told Bloomberg and Reuters. The declaration had been made immediately on the entry into force of a new export regulation requiring...Indonesian November exports catch up
Trade ministry data released today shows that Indonesian tin supply has revived following several months of low sales as new export regulations took effect from 30 August. Since that date all ingot exports have been made via the Indonesia Commodity and Derivatives...Trade Minister and officials happy with new export regulation
Interviews conducted by Bloomberg with leading players involved in Indonesia’s new tin export regulation after three months in force reveal general satisfaction with the effects so far. Since 30 August all tin ingot exported must by traded through a local...Timah looks for bounce back in sales and profits
Indonesian state tin company PT Timah is looking for a major boost to sales revenues and profits in 2014 as tin prices recover, its President Director Sukrisno told reporters at an investment summit yesterday. The Jakarta Post reported that the company, which saw a...Latest developments on Indonesian tin trading
The impact of Indonesia’s Ministry of Trade Regulation No 32/2013 on the local industry and global market continues to dominate attention. Bloomberg reported that the Indonesia Commodity and Derivatives Exchange (ICDX), through which all tin ingot exports must...Indonesian shipments recover
Indonesia’s trade ministry said that combined shipments of tin ingots and solder increased sharply to 4,070 tonnes in October, up from only 786 tonnes in September. October exports were split 3,314 tonnes tin ingot and 756 tonnes of solder. The corresponding...
