China’s Yunnan Tin Company produced a total of 69,124 tonnes of non-ferrous metals and products for the first nine months of 2009, a decline of 8% year on year, Metals Week reported. However its cumulative net profit in the period, at RMB 87.8 million (US$12.9 million) includes a strong recovery in profitability recently, as the company recorded a RMB 112 million loss in Q1.
The company’s output of tin chemical products amounted to 7,803 tonnes, which was down 31% from a year ago, and represented only 58% of the annual target output. Total tin products output (mainly solders) reached 10,333 tonnes, down 34% year on year, and reflected 61% of the target production for 2009.
