PT Timah reports strong Q1 performance
Integrated Indonesian tin producer, PT Timah, has reported a strong first quarter for production, with mine output up 125% year-on-year to 7,675 tonnes in 2017 and refined production up 65% to 6,963 tonnes. The company reported in a press release that the increase was...Future of China’s tin export duty uncertain
China’s 10% duty levied on refined tin exports has not been referenced in the country’s recently released 2017 Exports Commodities Tax Rates Table, leading many experts to conclude that the duty has been scrapped altogether, although no official...Myanmar tin exports stabilise in April
Latest official China customs statistics reveal that April imports of tin ore and concentrate from Myanmar totalled 22,808 tonnes (gross weight), up 14% from March, but down 51% year-on-year. The decline in gross weight of tin imports since last year is partially a...LME approves MSP brand listing
On June 8th the London Metal Exchange (LME) announced the approval of Indonesian tin smelter Mitra Stania Prima (MSP) as a listed LME brand, making it deliverable against the LME Tin Contract. MSP’s smelter is based on the island of Bangka in Indonesia, with an...Alphamin plan US$38 million equity fundraising
Alphamin Resources Corp. (AFM: TSXV) has announced plans for a private placement with which it hopes to raise approximately US$38 million to fund further construction activities at its 82.5% owned Bisie Tin Project in North Kivu, Democratic Republic of Congo, The...ITRI 6th London Tin Seminar Presentations
ITRI’s 6th London Tin Seminar was successfully held last week, with general optimism about tin market prospects among analysts and tin project developers over the next 5 years. ITRI Explorers and Developers Group presentations: Aus Tin Mining, Avalon Advanced...Indonesian tin exports robust in May
Indonesian tin exports in May amounted to 6,989 tonnes, up 30% year-on-year and up 10% compared to April, according to preliminary figures released by the trade ministry earlier this week. This brings the total for 2017 so far to 31,385 tonnes, up 43% compared to the...YTC receive permission to carry out processing trade
On April 20th this year, Yunnan Tin Company (YTC), the largest tin-producing company in China, received sole permission from the Ministry of Commerce of the People’s Republic of China to carry out the processing trade of tin concentrate. The policy, which was...MSC profits rise sharply in 2016
Malaysia Smelting Corporation (MSC) has revealed a 1,400% year-on-year increase in profit before tax to RM49.5 million (~US$11.6 million) in 2016, largely as a result of improved tin prices compared to 2015. The group’s revenue was broadly stable at RM1.5...
