Indonesia’s main private smelters are to stop production until the end of the year, according to Reuters yesterday. “Our miners that supply tin ore have been idle because they can’t cover production costs due to falling tin prices,” said Patris...
China’s Ministry of Commerce has set an annual export quota of 23,300 tonnes for tin and tin products in 2009. The quota for next year is 30% lower than the 33,300 tonne limit set for this year, which was in turn reduced from 37,000 tonnes for 2007. The ministry...
Preliminary data released by the trade ministry on Monday showed that the volume of tin inspected prior to export in September rose to 11,001 tonnes, 17% higher than in the same month of last year. The data is based on reports of surveying companies as part of the...
Fenix Metals in Poland has started production at its 3,500 tpy capacity secondary tin refinery. Its first metal deliveries to customers will be made this month. Fenix Metals commenced operation in 2004 as a secondary tin smelter and solder producer. While remaining a...
The global financial crisis and its impact on metals prices has been shocking and there is still a feeling that there is worse to come. With thousands of metals executives heading for London and the LME Dinner next week, there will be much to discuss. One metals...
The closure of the Indonesian Stock Exchange since Wednesday has not affected the production and investment plans of the company’s leading tin producer PT Timah. Abrun Abubakar, corporate secretary at state-owned Timah, the world’s second largest tin...
A tin ore processing plant owned by Liuzhou China Tin has been closed after a tailings discharge resulted in arsenic poisoning of over 100 local villagers. China Daily reported today that 136 people in Xialuntun village in Guangxi had been treated for poisoning, but...
Novosibirsk Tin Combine (NOK), Russia’s only significant tin smelter, is facing major financial and production problems, according to recent reports. On Friday the company failed to redeem bonds valued at 347 million roubles (US$13.2 million). This was the...
Mounting recession worries around the world might actually have a positive impact on tin usage in tinplate, as consumers in the industrialized countries increase their spending on canned foods. The Daily Express newspaper reports that UK total sales of canned food...
Bolivian state miner Comibol plans to invest US$155million in the sector during 2009, a spokesperson from the country’s mines and metal ministry told BNamericas. “The government expects to make over US$50million of investments during 2008 and the goal is...
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