Huanuni strike settled
Normal working resumed at Comibol’s Huanuni mine in Bolivia yesterday after 5,000 striking workers returned to work. The strike had begun on Saturday over payment of productivity bonuses for January. In January tin-in-concentrate production reached a record...Minister denies Indonesian quota plan
Indonesia’s energy and resources minister has dismissed talk that the government may impose a quota on tin exports. The denial followed a comment made by an official in the ministry last week that the country may attempt to support prices through the imposition...Mixed rumours on Indonesian tin exports
Opposing views on official attitudes to Indonesian exports were reported in the metals press on Wednesday. Metal Bulletin noted that the newly elected governor of Bangka Belitung province was supportive of independent smelters. Eko Maulana Ali Suroso was announced as...PT Timah is sole authorised Indonesian tin exporter
The state controlled tin company PT Timah is since February 23 the only company in Indonesia with an export permit from the Trade ministry. Timah’s licence was granted last Friday, but other applications by seven independent smelters were turned down. The...Brazilian tin production recovers
Brazilian mine production of tin fell by 16% to 9,265 tonnes in 2006, according to new figures published by its tin producer’s association SNIEE. However after a sharp fall in the first half of last year, output recovered strongly in the fourth quarter, as...MSC looks for early resolution of Koba investigation
Malaysia Smelting Corporation has reported improved financial results in the final quarter of 2006, and is hoping for a speedy resolution of the ongoing police investigation of its Indonesian subsidiary PT Koba Tin. In the notes accompanying the financial results...Mittal ordered to sell Sparrows Point plant
The US Department of Justice ruled on Tuesday that Mittal Steel should divest its Sparrows Point plant to satisfy anti-trust considerations relating to the tin mill products business in the USA. The DOJ ruling is due to the large share of tin mill products sales...Indonesia to grant new tin export licences on Friday
Up to seven tin producers may be granted export licences by the Indonesian Trade ministry on Friday. Diah Maulida, Director General for foreign trade at the ministry, told Dow Jones Newswires today that applications were currently being evaluated and that export...CRU-ITRI Report Forecasts 30,000 Tonnes Tin Supply Shortfall In 2007
The February issue of the CRU Tin Monitor report, now produced in association with ITRI, forecasts that Indonesian supply issues will result in a major run down in tin stocks this year. Following recent problems in Indonesian and Bolivia, the LME tin price has risen...
