Indonesia has approved an export permit for a new tin smelter in East Java, bringing the number of smelters allowed to export the metal to 28, a trade ministry official told Reuters. The official, who declined to be named, did not give any details on the capacity of the smelter, PT HP Metals Indonesia.
ITRI understands that HP Metals has been active in tin for over a year, although its main business is in the production of aluminium alloys and extruded products. It is the first company outside the traditional tin producing provinces of Bangka-Belitung and Riau to obtain an export licence. The company has a smelting and refining capacity of 600 tpm of 99.95% tin, although actual production varies according to availability of slags and concentrates.
