Timah production recovers in Q3
Indonesia’s state-controlled tin company, PT Timah, has reported strong operational and financial results in Q3, aided by the rising tin price, although total production for the first 9 months of the year still lags behind 2015 levels. Q3 mine production rose 9%...RBT builds up production
Indonesia’s largest private tin smelter, PT Refined Bangka Tin is planning to build up production to 800 – 900 tpm and is in the process of re-instating the listing of its brand on the LME, Metal Bulletin reported. The company was reported by trade sources...Indonesian exports recover in August
Indonesian tin exports rose to 5,379 tonnes last month, 62% higher than in July. In August 2015 exports were zero as a result of the introduction of a new export regulation and delays in issuing export licences. In the 12 months to August 2016 exports have amounted to...Timah reports lower production and revenues in H1
The Indonesian state-run tin company, PT Timah, has reported a fall in production, stocks and revenue in its 2016 first half financial report, despite a reduction in costs and rise in average tin prices during the period. The company reported that its first half...Refined Bangka Tin to restart production
The Indonesian private tin smelter, PT Refined Bangka Tin (RBT), has announced plans to resume production following a change of management, FastMarkets reported earlier today. In February this year it was announced that operations had ceased due to environmental...Timah cuts 2016 production forecast
Indonesian state-controlled tin producer PT Timah will not meet its original production target of 30,000 tonnes this year. The company’s corporate secretary, Agung Nugroho, told Reuters today that output is now likely to be between 24,000 and 27,000 tonnes this...Strong month for Indonesian exports
Preliminary data released by Indonesia’s trade ministry today put June exports of refined tin at 7,652 tonnes, down by 8% compared to June 2015 but up by 42% compared to May. This is the biggest monthly total so far in 2016 and is also significantly higher than...Indonesian tin shipments slip in May
Official figures released on Monday by the Indonesian trade ministry reveal a 22% month-on-month fall in tin shipments to 5,378 t in May. The figure is just short of the quantity of tin traded on the Indonesian Commodity and Derivatives Exchange (ICDX), which fell by...Indonesia ministry audits reveal tin smelting over-capacity and poor supervision
At a press conference in Jakarta yesterday the Ministry of Energy and Mineral Resources announced results of audits of tin smelters in Bangka Belitung and Riau islands carried out since March. It concluded that capacity utilisation had been only 21% in 2015 and that...
