Top 10 refined tin producers increase production by 2%

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...

MSC provides smelter conversion update

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...

MSC profits rise sharply in 2016

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...

MSC appoints new CEO

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...

MSC reports positive Q1 results

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...

MSC reports fall in profits in 2014

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...

MSC completes smelting capacity expansion

Malaysia Smelting Corporation Berhad has completed installation of a 6th reverberatory furnace at its Butterworth based smelter. The smelting plant has operated on 5 furnaces since the beginning of the 1960’s, producing around 35,000 tpy of refined tin in recent...

MSC’s Malaysian profits offset by Indonesia withdrawal

Malaysia Smelting Corporation’s second quarter and first half results show improving profitability at its core smelting and mining operations in Malaysia, although these gains were offset by a final round of losses caused by its withdrawal from Indonesia in...

MSC to focus on Malaysia and Africa

In an interview with The Star newspaper, Malaysia Smelting Corporation CEO Chua Cheong Yong said that the company hopes to complete a withdrawal from Indonesia by the end of this year and will focus its attention on mining and smelting in Malaysia and Africa in the...

PT Koba Tin awaits mining licence under new ownership

Local news media reported that production at the PT Koba tin mining site could revive, with PT Timah holding a 40% stake and the Bangka-Belitung provincial government holding the remaining equity through three regional state-owned enterprises (BUMD). However the...