New export rules dismay Indonesian producers
The decisions by the Indonesian trade ministry to revise export quality regulations and to require that tin exported be traded through a local market has produced critical reactions from producers surveyed by Bloomberg. Agung Nugroho, corporate secretary at PT Timah,...Indonesian June export surge
Preliminary data released by Indonesia’s trade ministry today indicated a surge in tin shipments in June, ahead of new purity regulations that came into place on 1 July. The tonnage of tin surveyed in pre-shipment checks rose to 11,111 tonnes last month, 15.2%...Indonesia relaxes quality controls on tin exports
Only a week after a new regulation on tin export quality came into effect, Indonesia’s trade ministry has announced a relaxation in impurity limits. In a regulation originally announced last December, refined tin exported after 1 July has to be a minimum 99.9%...Koba decision still awaited
Malaysia Smelting Corporation’s 75%-owned subsidiary, PT Koba Tin is still awaiting a decision from the Indonesian government on its application for a 10-year extension of its contract of work in Indonesia which expired on March 31, 2013. In a statement to Bursa...Timah wants good monitoring of new export regulation
In an interview with Bloomberg News, PT Timah President Director Sukrisno said that the state-controlled company can meet new quality regulations for refined tin exports due to come into force on 1 July and wants the authorities enforce them strictly. The company...Indonesian exports rebound in May
After a slight slowing in pace in April, Indonesian tin exports surged again in May, according to latest preliminary data released by the trade ministry today. The quantity of tin checked prior to shipment last month was 9,242 tonnes, up by 18% on the previous month...More worker protests in Bangka
Around 2,000 small-scale traditional miners held a rally today in front of PT Timah’s head office in Pangkalpinang, Bangka island, Bloomberg reported. The demonstration seems to have been in response to one by PT Timah workers calling for action to halt illegal...Indonesian April exports slightly slower
Provisional data released by the trade ministry today shows a 15% fall in the tonnage of tin checked prior to export compared to March, although the April volume of 7,853 tonnes was still 4.9% higher than in April last year. Cumulative tonnage in January-April amounts...Timah production slumps
Production of tin-in-concentrate by Indonesia’s PT Timah fell by 42% year-on-year to 4,312 tonnes in the first quarter of 2013. While offshore production by the company’s dredges was relatively stable, declining by 15% to 3,681 tonnes, onshore production...
