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...

Indonesian tin shipments to be hit by new regulation

After a surge in sales in June and early July, Indonesian smelters now expect delays in obtaining licences as a new export regulation comes into effect at the end of this week. Tin exports in June were provisionally reported at 8,337 tonnes, well above expectations,...

Indonesian exchange promotes ITCE2015 tin conference

The Indonesia Commodity and Derivatives Exchange (ICDX), along with Indonesia Clearing House (ICH), are planning a second tin conference, to be held in Bali from 9 – 11 September. According to ICDX the Indonesia Tin Conference and Exhibition (ITCE) “will cover...

Another big month for Indonesian exports

Preliminary data provided by the trade ministry to news agencies yesterday indicated that Indonesian tin exports in June were more than double the 4,000 tpm “cap” announced by major producers and the governor of Bangka-Belitung in early May. Based on...