EM Vinto in force majeure after cut in coal supplies from Peru
The eighth largest tin producer, EM Vinto has entered force majeure, as the Bolivan smelter struggles with sourcing coal from Peru and debt issues. Trade across the two countries land border is severely restricted, as continued protests in Peru’s Puno region impact...Global tin production maintains output in 2022
2022 saw refined tin production remain steady from the previous year. However, performance varied from company to company. Yunnan Tin Company maintained its position as the world’s largest producer of refined tin, while other Chinese companies shuffled up the...Global tin production rebounds in 2021
2021 saw refined tin production rebound from its pandemic lows, with the majority of global smelters – including many in the Top Ten – having a relatively “normal” year. Yunnan Tin Company maintained its position as the world’s largest producer of refined tin,...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...Chinese tin industry optimistic despite coronavirus
With the spread of the novel coronavirus beginning to peak, the effect on the tin market is becoming clearer. Here we present the results of our snap survey of tin producers and consumers in China. Upstream The second week of February usually sees smelters return to...YTC announce smelter maintenance
The world’s largest refined tin producer, Yunnan Tin Co. (YTC), has announced that its Ausmelt smelter will enter scheduled maintenance starting from 21 October. In 2018, YTC produced some 78,000 tonnes of refined tin, making it the world’s largest refined...Tight concentrate market and reduced profit margins lead to cuts in Chinese tin production
Due to a tight concentrate market and low profit margins, Chinese smelters are planning to reduce their production of refined tin by around 10%. The Chinese concentrate market has been increasingly tight throughout 2019, caused in part by lower domestic output after...Falling tin prices prompt Chinese smelters to reduce production
With low tin prices on both the London and Shanghai trading houses, Chinese miners are struggling to generate a profit, resulting in lower production of tin concentrate. Combined with mine closures earlier in the year, smelters in the country are finding it difficult...ITRI study reveals global smelting overcapacity
Data gathered by ITRI reveals estimated global primary tin smelting feed capacity of 1,080,000 tonnes, with refined tin production capacity of 633,000 tonnes. Clear tin smelting overcapacity is shown by average utilisation rates in 2015 calculated at 47%, rising to...
