Further surge in Indonesian sales
Indonesian sales continue to run well above the 4,000 tonnes per month “cap” announced by leading producers and the governor of Bangka-Belitung in early May, but this might be a final rush before stricter controls start to take effect. Preliminary trade...Further tightening of Indonesian export rules announced
A third revision of tin export regulations first launched by Indonesia’s trade ministry in 2013 was announced on 19 May, expanding the scope of products requiring trading through ICDX and also making a stronger link with regulation of mining sites by the energy...AETI plans rehabilitation pilot projects
The Association of Indonesian Tin Exporters (AETI), which currently represents 20 independent Indonesian tin producers and smelters, has reported that it is working with NGOs, led by Apple Inc., to develop a series of pilot projects aimed at rehabilitating abandoned...Indonesian April exports down, with further fall predicted by Babel governor
Preliminary data released by the Indonesian trade ministry today shows April tin exports at 5,071 tonnes, down by 2.8% compared to April last year, based on pre-shipment checks by surveying companies. The data appeared shortly after Bangka-Belitung Governor Rustam...Major Indonesian producers comment further on planned cuts
Following initial announcements made last Friday, spokesmen for the two largest Indonesian tin producers provided further information on their immediate plans to Reuters and Bloomberg on Tuesday and Wednesday this week. PT Timah Corporate Secretary Agung Nugroho told...Price collapse forces bigger cuts in Indonesia
The melt-down in LME tin prices on Friday produced an instant reaction from the main Indonesian producers, who will halt sales at prices below US$17,000/tonne. “PT Timah and all our members will not trade below US$17,000,” Jabin Sufianto, president of the...Indonesian exports rise ahead of sales cap
Preliminary data released by Indonesia’s trade ministry on 8 April showed a surge in exports before a plan to limit sales to 4,500 tonnes per month came into effect. Exports in March were reported to Reuters at 6,929.70 tonnes, up by 16% compared to February and...Indonesian export plans agreed
Long-running discussions on plans to limit tin exports were concluded on Monday with an agreement by most Indonesian producers to restrict their combined sales to 4,500 tonnes per month from April. Bloomberg reported that the agreement was reached at meeting between...PT Timah reverses decline
Indonesian state tin company PT Timah today reported big increases in production and profits in 2014. Mine production of tin-in-concentrate rose by 23% year-on-year to 32,319 tonnes, while refined tin production grew by 16% to 27,550 tonnes. Net profit rose to Rp 638...
