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...Indonesia tightens tin export regulations
Indonesian Trade Minister Gita Wirjawan has issued a new decree which specifies that from 1 July 2013 refined tin exports must have a minimum purity of 99.9% tin, up from the current figure of 99.85%. In addition exports of tin solders are also to be brought within...Indonesian shipments lower in November
Refined tin shipments from Indonesia, the world’s largest exporter, fell in November, the first decline in three months, after rain hampered production, Bloomberg reported. Exports declined 28% to 7,946 tonnes from 11,048 tonnes in October, data from the Trade...Timah reveals production and investment plans
Indonesia’s state-controlled tin company PT Timah expects refined tin output to drop to 29.000 -30,000 tonnes this year and remain steady in 2013 as it limits production to boost profits amid weak tin prices, President Director Sukrisno told news agencies and...
