Global tin consumption is expected to increase by more than 10% this year, to reach a new record level of 367,000 tonnes, or more than 1,000 tonnes per day. Detailed statistics now available for the first half of 2006 show a stunning year-on-year growth rate of 18.6%,...
Tin prices at the London Metal Exchange yesterday continued their recent surge above the $10,000 level, hitting $11,000 at one stage before dropping late in trading to a closing figure of $10,350.
PT Timah Tbk has said that it is likely that it will stick to its plan to reduce tin output from 41,799 tonnes in 2005 to 38,407 tonnes in 2006, even though Timah was recently asked by the Indonesian government to buy more ore from local miners.The recent...
Indonesian police have closed the three largest private tin smelters on Bangka island, for breaching mining regulations and not paying royalties and taxes.The three smelters were reported to be operated by Jaya Abadi, CV Dona Kembara Jaya and CV Bangka Putra.Metal...
Violent clashes last week at the state-run Huanuni tin mine in Bolivia left around a dozen miners dead and more than 60 injured.State-employed and independent miners used dynamite and guns to battle for control of the mine as the independent...
Cornwall Council’s Planning Committee has approved environmental conditions for tin mining at South Crofty near Redruth, reports the BBC today on their website. BaseResult Holding Limited, who bought the disused site in 2001, was hopeful that South Crofty...
The World Bureau of Metal Statistics (WBMS) reports that the tin market recorded a calculated market deficit of 1 kt in the period January to June 2006 after allowing for reported DLA deliveries. No allowance is made in the consumption calculation for unreported stock...
Singapore Tin Industries, a joint venture between Yunnan Tin and KJP International, officially opened its refinery on 23 June. The refinery at Tuas is the first in Singapore and when fully ramped up will produce 36,000 tonnes of tin per year.
The tin price rise on the Kuala Lumpur Tin Market (KLTM) continued yesterday, with prices closing at a 22-month high of US$9,290 a tonne, up US$280 from US$9,010 on Tuesday.
We are rapidly approaching the year 2007 when REACH, a highly controversial new EU regulation on chemical substance assessment is expected to enter into force. Any metal or substance not registered by the REACH deadline would no longer be legally permitted onto the EU...
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