Timah moves forward on Myanmar exploration
Speaking to the Jakarta Post at PT Timah’s annual shareholders meeting yesterday, the company’s President Director Sukrisno gave a progress report on plans to establish a tin business in Myanmar. For its expansion to Myanmar, Timah has secured a...Koba contract renewal decision delayed
The Indonesian government has yet to renew the tin mining contract of work for Malaysia Smelting Corporation’s 75%-owned subsidiary, PT Koba Tin. The CoW expired at the end of March. In a statement to Bursa Malaysia MSC said PT Koba Tin has received notification...Indonesian export boom continues
Preliminary data shows that refined tin shipments from Indonesia, the world’s top exporter of the metal, gained 11.3% in March to 9,295.70 tonnes from 8,354.49 tonnes in February, a trade ministry official told Reuters. Indonesian refined tin exports for March...Timah goes for quality not quantity
Announcing its 2012 financial results today, Indonesia’s state-controlled tin producer PT Timah emphasised that its strategy is to focus on improving sales margins rather than volumes, which it hopes to achieve by pursuing value-added product sales, a reduced...Indonesian exports dip
Indonesian refined tin exports in February dropped 8.7 percent to 8,355 tonnes from 9,155 tonnes in January, data from the trade ministry showed today. “February was the peak of rainy season,” Toto Rusbianto, head of mining exports at the ministry, told...MSC hopeful on 2013 prospects
Malaysia Smelting Corporation has reported a 25% fall in revenues and a pre-tax loss of RM 62.7 million (US$20.2 million) before unusual items in 2012, compared to a pre-tax profit before unusual items of RM 116.4 million in 2011. However by curtailing operations by...Indonesian shipments strong in January
Refined tin shipments from Indonesia, the world’s top exporter, rose 5.4 % in January to 9,154.71 tonnes from 8,689.20 tonnes in the December, a trade ministry official told Reuters on Monday. Indonesian refined tin exports for January were 70% higher compared...PT Timah plans Myanmar investments
In an interview with the Jakarta Post newspaper PT Timah President Director Sukrisno provided more details of the company’s plans to establish a production base in Myanmar and also commented on the production outlook for its core operations in Indonesia in...Indonesian exports remain strong
Refined tin shipments from Indonesia climbed 9.4% in December from a month earlier after prices gained for a second month, Bloomberg reported. Exports rose to 8,689.2 tonnes from 7,946 tonnes in November, according to data from the trade ministry today. Overseas sales...
