Indonesian tin shipments lower in December

Preliminary data released by the trade ministry today puts December tin exports at 5,804.95 tonnes, down by 43.7% compared to an unusually high December 2014 figure. The data is based on pre-shipment checks made by surveyor companies as part of the ministry’s...

Indonesia’s 2015 tin exports likely to be below 70,000 tonnes

Based on preliminary November data released by Indonesia’s trade ministry at the end of last week, the country’s refined tin exports this year are likely to fall below 70,000 tonnes for the first time since 2003. Reuters reported on Saturday that November...

Certification delays could slash Indonesia November exports

Only three Indonesian tin companies are so far ready to meet new export rules due to be introduced next month, Reuters reported, quoting Jabin Sufianto, president of the Indonesian Association of Tin Exporters (AETI). From 1 November Indonesian tin exporters must...

Indonesia President to call for Apple investment in tin

Indonesia’s President Joko Widodo will next week ask tech giant Apple to invest directly in sustainable tin mining, a senior cabinet minister told Reuters. The President will travel to Washington and San Francisco on a five-day trip starting 25 October in the...

Indonesia exports re-start at modest pace

Preliminary figures released by the Indonesian trade ministry to news agencies today showed that 6,391.74 tonnes of tin was checked by surveyor companies prior to export in September. While this was up by 17.5% compared to September 2014, it follows a zero export...

AETI calls for exploration and technology focus in Indonesia

The Association of Indonesian Tin Exporters (AETI) has stressed the importance of making changes to the Indonesian tin industry to promote geological exploration and technical development. The President of AETI, Jabin Sufianto, raised the point whilst speaking at the...

ICDX tin futures contract under development

The Indonesia Commodity & Derivatives Exchange (ICDX) is currently planning a tin futures contract, which it hopes to introduce within the next 3 to 6 months, according to its head of business development, Stella Lukman, who spoke with ITRI earlier this week at...

PT Timah announce reduced profits in H1

State owned Indonesian tin miner PT Timah saw its first half net profits fall 97% year-on-year to Rp 11.28 billion (US$ 801,962) in the first 6 months of 2015 compared to the same period of the previous year, according to its 2015 first half results, which the company...

PT Timah obtains export permits

Indonesian tin miner PT Timah has been granted clearance by the government to resume tin shipments following a halt when new rules for exporting the metal were implemented at the beginning of August. The new regulations are intended to address environmental damage and...

Indonesian exports down in July

Preliminary data from Indonesia’s trade ministry confirmed that the tonnage of tin checked by surveyors prior to shipment fell significantly last month. Figures released to Reuters yesterday showed a total volume of to 6,329.92 tonnes, down by 24% on June and by...