Chinese trader Hongtou acquires 80% stake in smelter Kaimeng

Chinese state-owned concentrate trader Honghe Hongtou Industrial Company has acquired an 80% equity stake in Gejiu Kaimeng Industry and Trade Company, a tin smelter in Yunnan Province, China. On 15 July, the two companies held a ceremony to sign the Equity Transfer...

YTC’s Gejiu smelter to undergo maintenance

Yunnan Tin Company (YTC), the world’s leading tin producer, has announced that its Gejiu smelter will halt production for equipment maintenance from July 11, 2023, with the overhaul period estimated to last no more than 45 days. The annual planned maintenance was...

Yunnan Tin posts new profit record

Yunnan Tin Company (YTC) posted record profits over the first half of 2021 on the back of high base metals prices and improved production. With much of the world investing in infrastructure to recover from the economic impacts of the coronavirus (COVID) pandemic, the...

Potential YTC – Minmetals merger announced

According to local sources, the Yunnan provincial government and China Minmetals are set to finalise a deal that will deepen the ties between the two organisations. This could result in China Minmetals becoming the majority shareholder of the Yunnan Tin Group...

December maintenance shutdown at Yunnan Chengfeng

China’s second-largest refined tin producer, Yunnan Chengfeng, plans to stop production and carry out maintenance in December for one month. Transport restrictions were implemented in mid-November for the celebration of the 60th anniversary of Honghe state in...