PT Timah Tbk empower local communities through knowledge & training
As part of ongoing ESG efforts, ITA member PT Timah Tbk has recently undertaken a local community initiative to provide educational training on the preservation of mangrove forests to the people of Setunak Island and Karimun Regency in Indonesia. These areas are...Indonesian government plans tin royalty changes
The Indonesian government is considering changing the royalty rate for tin. The government has been debating the existing system in a session today (21 June 2022). Currently, tin producers pay a flat rate of 3% on all tin production to the government. However, the new...Indonesian government to review export licenses
Further disturbances to Indonesian exports are expected this year as the Indonesian government is set to review export licenses in June. Export licenses in Indonesia regularly cause disruption in the tin industry, as has already been seen this year. Regulations in...PT Timah profits from high tin price
PT Timah achieved significant profits in the third quarter of 2021 following strong LME tin prices. In its latest quarterly report, PT Timah Tbk reported a net profit of 612 billion rupiah (some US$ 4.28 million) over the first three quarters of the year, an increase...YTC comes out top in difficult year for tin producers
2020 was a difficult year for tin producers. In many countries, the spread of the coronavirus saw lockdown measures that closed smelters and halted production. In total, ITA estimates that 327,200 tonnes of refined tin were produced in 2020. This was a nearly 8% drop...Indonesian tin sales fall after PT Timah announces production cuts
Sales through Indonesia’s main tin bourse, the Jakarta Futures Exchange (JFX), fell in March after PT Timah announced production cuts. The world’s largest tin producer, PT Timah, announced that it would delay some exports in March after the outbreak of the...PT Timah break ground on smelter upgrades
PT Timah, the world’s second largest tin producer, broke ground on the construction of its new smelter today, 30 January 2020. The smelter will use Ausmelt technology and will have a capacity of some 40,000 tonnes. The company estimates that the new smelter will...London Tin Seminar 2019 – Weak demand continues, but better times ahead
The International Tin Association (ITA) held its eighth annual London Tin Seminar on Friday 29 November. The event played host to a range of delegates, from tin producers to investors. The global tin market may be small compared to other base metals, but it...PT TIMAH confirm export cuts
Indonesian state-owned tin producer PT TIMAH has reaffirmed its plan to reduce refined tin exports by 2,000 tonnes per month after having announced the plan in September in response to low tin prices. Speaking to Indonesian news agency ANTARA on Friday 4 October,...
