Big fall in December Chinese refined tin production
After strong growth earlier in 2011, Chinese refined tin production in December decreased by 38% year-on-year to 9,056 tonnes according to National Bureau of Statistics data. This was the lowest monthly production figure since February 2009.The NBS provisional annual...PT Timah to order more large dredges
State-controlled Indonesian tin producer PT Timah said it will order two new generation dredges worth around US$100 million this year, the Antara news agency reported. The two bucket wheel dredges are due to be operational in 2014 said Wachid Usman, Timah’s...Indonesian tin trading further delayed
The Indonesia Commodity & Derivatives Exchange (ICDX) has delayed for a second time the introduction of a physical tin contract to allow potential users more time to prepare, Bloomberg reported. Trading will start on 1 February instead of 12 January said Syahrul...Indonesia catches up on exports
Refined tin exports jumped to 15,103 tonnes, the most since records began in February 2007 when the government started compiling the data, from 2,202 tonnes in November, Toto Rusbianto, head of mining exports at the Trade Ministry, told Bloomberg. Sales were 7,722...Peru November production falls
Peru’s mining ministry released official mine production figures this week showing that the country’s output of most metals except copper declined in November. November tin-in-concentrate production was 2,393 tonnes, 2.3% lower than in November 2010. All...Indonesia mulls new export tax
Indonesia may impose a new tax on exports to limit shipments and help boost prices, Deputy Trade Minister Bayu Krisnamurthi told Bloomberg. The government wants to extend the life of mines, Krisnamurthi told reporters in Jakarta today. “Tin is a mining product...Private smelters withdraw support for new Indonesian market
The start of tin trading on the Indonesia Commodities and Derivatives Exchange, due to begin on January 12, is now being opposed by the new president and some members of the Indonesian Tin Association. The physical tin contract, under the code INATIN, was formally...China imports remain high
China imported 4,220 tonnes of refined tin in November, the highest monthly total since April 2009. Half of the imports were from Malaysia, which is believed to be reflect shipments from LME warehouses there. The total imports have arrived at 18,951 tonnes in the...Vinto and OMSA may treat all Bolivian concentrates
The completion of the expansion project at Bolivia’s Vinto smelter, due next year, will allow the country to treat all tin concentrates produced there. The state-owned company is installing a new Ausmelt furnace which will allow it to produce up to 18,000 tonnes...
