ITA CEO Helen Prins, Deputy Head of Sustainability Sonia Marsh, and China Chief Representative Lan Gao visited Jakarta, Indonesia last week to engage with local tin stakeholders and strengthen ties with the tin community in the world’s largest tin-exporting country.
The delegation’s first stop was PT Mitra Stania Prima (MSP), Indonesia’s leading private tin producer, where they met with Commercial Vice President Ririe Rahayu and her team member Kevin Adrian Boeditama. MSP recently expanded into the downstream sector, launching a solder subsidiary in July. The new facility, still in its initial production phase, produces around 100 tonnes of solder bar per month.
The ITA team also met with representatives of MIND ID, which holds a 65% stake in PT Timah and majority stakes in six other companies with parent company of Danantara Indonesia. Discussions centred around policy developments in Indonesia, including the SIMBARA mineral traceability system, and the challenges of multiple government departments overseeing the tin industry and opportunities to increase interdepartmental data sharing.
The team also visited the Jakarta Futures Exchange (JFX) for discussions with President Director Yazid Kanca Surya, President Commissioner Harwendro Adityo D. who also chairs the Association of Indonesian Tin Exporters and MSP, and Budi Susanto, President Director of the Indonesia Derivatives Clearing House, and their team members. The vast majority of Indonesia’s tin trade, both international and domestic, passes through the JFX.
A visit was also conducted to the Ministry of Energy and Mineral Resources (ESDM), where the team presented on ITA’s TIN2030 strategic vision for the tin industry across markets, technology, and sustainability, including the Tin Code. ITA was briefed on the latest changes to the country’s production licences – the Mineral and Coal Work Plan (RKAB) – and updates on mining regulations and policy actions following recent corruption issues.
The trip concluded with a visit to PT Timah Tbk, where the delegation was welcomed by CEO Restu Widiyantoro and the Commercial Division. The new CEO shared his background, updated ITA on company developments, and expressed appreciation for ITA’s expertise in the global tin market and navigating business challenges. PT Timah is the country’s largest and only state-owned tin producer and participates in industry’s global ESG reporting standard, the Tin Code.
ITA thanks all the hosts for their warm hospitality and looks forward to further visits to Indonesia and deepen understanding of the tin industry in this strategically vital country.
PT Timah is a Member of the International Tin Association.