PT Timah profits from high tin price

PT Timah achieved significant profits in the third quarter of 2021 following strong LME tin prices. In its latest quarterly report, PT Timah Tbk reported a net profit of 612 billion rupiah (some US$ 4.28 million) over the first three quarters of the year, an increase...

YTC comes out top in difficult year for tin producers

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...

Indonesian tin sales fall after PT Timah announces production cuts

Sales through Indonesia’s main tin bourse, the Jakarta Futures Exchange (JFX), fell in March after PT Timah announced production cuts. The world’s largest tin producer, PT Timah, announced that it would delay some exports in March after the outbreak of the...

PT Timah becomes top tin producer

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...

PT Timah break ground on smelter upgrades

PT Timah, the world’s second largest tin producer, broke ground on the construction of its new smelter today, 30 January 2020. The smelter will use Ausmelt technology and will have a capacity of some 40,000 tonnes. The company estimates that the new smelter will...

PT TIMAH confirm export cuts

Indonesian state-owned tin producer PT TIMAH has reaffirmed its plan to reduce refined tin exports by 2,000 tonnes per month after having announced the plan in September in response to low tin prices. Speaking to Indonesian news agency ANTARA on Friday 4 October,...

Asia Tin Week: Medium-term tin market future is positive

ITA held its annual Asia Tin Week event in September, located this year in the city of Xi’an, China. Over 250 delegates gathered at the event to discuss the tin market as well as future applications and sources of tin. The occasion also celebrated the tenth...

JFX launches physical tin contract

The Indonesian-based Jakarta Futures Exchange (JFX) has launched a new physical tin contract, which has been backed by the country’s major producer, PT Timah. The JFX initially aimed to bring a physical tin contract to the market in 2013, but this was delayed,...

PT TIMAH production rises in Q3

PT TIMAH, the Indonesian state-run tin producer, has released its most recent quarterly statistics, detailing results for the first nine months of the year. Refined tin production in Q3 has seen a quarter-on-quarter increase of 27%, up to 8,898 tonnes, despite being...

PT TIMAH production recovers in Q2

The Indonesian state-run tin producer, PT TIMAH, has released its results for the second quarter of 2018, which reveal a 31% quarter-on-quarter increase in refined tin production to 7,005 tonnes, although this represented a 12% decline compared to the same period of...