A delegation from Yunnan Tin Corporation (YTC), led by Han Shouli, Vice President and General Manager of Yunnan Tin Group (Holding) Company Limited, visited the ITA headquarters in St Albans, London in October.
The visit was an opportunity to enhance the relationship between the two entities after three years without meeting in person due to the pandemic. There had also been changes in leadership at both YTC and ITA.
The ITA management team, including CEO Helen Prins, had a very productive meeting with the YTC delegation. Sustainability & Regulatory Affairs Head Kay Nimmo updated the teams on progress on the Tin Code and ITSCI. The importance of sustainability is firmly recognized by YTC, the leading tin producer in China, and it’s actively involved in due diligence management of supply chains and Environment, Social, and Governance (ESG). In recent years, YTC has made technological breakthroughs in recycling, the use of low-grade tin concentrates, new materials, electronics and chemicals.
Han Shouli pledged YTC’s support to ITA projects on the tin market, sustainability, and technology related to its TIN2030 strategy and would be open to communication and collaboration with ITA.
YTC accounts for nearly 20% of global tin production, with its business covering the full supply chain of tin as well as copper, lead, zinc, silver, and indium. In H1 2023, the company reported production of 175,300 tonnes of nonferrous metals, including of 42,400 tonnes of refined tin, and an overall net profit of RMB687 million yuan (US$94 million).
