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...
This year saw some significant changes to the ‘top ten’ producers table, with PT Timah replacing Yunnan Tin Co. as the world’s largest producer of refined tin. The International Tin Association compiles data on the world’s refined tin producers, presented...
Malaysian tin miner and smelter Malaysian Smelting Corporation Bhd (MSC) expects the tin market to be challenged for the rest of the year due to weak demand on the back of the prolonged trade tensions between the US and China. The comment from CEO Datuk Dr Patrick...
Malaysia Smelting Corporation (MSC), in a bid to capitalise on forecast higher tin prices, is targeting raising mining output at its Rahman Hydraulic mine by 30% by the end of this calendar year. Roughly US$ 2.4 million has been set aside to improve the...
ITA reports that four of this year’s top 10 refined tin producers saw an increase in production in 2018, including three of the five biggest companies. In China, production changes were split, although the world’s largest refined tin producer, YTC, saw an...
Malaysia Smelting Corporation (MSC) has provided an update on its efforts to convert a lead smelter in Port Klang, Malaysia, into a tin smelting plant. The company plans to test-fire the converted furnace by the end of 2018 and start smelting from the plant from the...
Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group’s revenue was broadly stable at RM1.5...
The Malaysia Smelting Corporation announced the immediate appointment of Patrick Yong as company Chief Executive Officer on Friday, following the departure of Mr Chua Cheong Yong. Dr Patrick Yong was previously the Managing Director of MSC’s wholly owned...
Malaysia Smelter Corporation Bhd. (MSC) has released its Q1 financial results showing a net profit of 24.9 million RM (US$ 6.0 million) due to higher refined tin sales and valuation adjustments as a result of higher tin prices at the end of the quarter. The net profit...
Malaysia Smelting Corporation (MSC) has revealed a 32% fall in profits to RM68.43 million for the 2014 financial year in its recently published 2014 annual report. The group’s revenue increased 21% to RM1.9 billion in 2014, helped by higher refined tin sales, but...
