Tin dealers in Malaysia expects that Kuala Lumpur Tin Market (KLTM) stays firm. According to the dealers the tin trade will likey be above US$17,300 per tonne as Malaysian and European buyers are expected to be active. One of the dealers is quoted saying: “The market was traded mostly lower this week, so we expect [...]
From one crisis to another in past decades, tin is now being challenged again with a possible erosion in demand, which is suppressed by the current international slump. For full story, click here
Despite being perceived as a sunset industry for the past 10 years, the local tin industry is still surviving mainly due to increased solder demand from the electrical and electronic industries. For full story, click here
Despite being perceived as a sunset industry for the past 10 years, the local kuala lumpur tin industry is still surviving mainly due to increased solder demand from the electrical and electronic industries. For full story, click here
Dr Rob Davies deputy trade & industry minister of South Africa has expressed disappointment at the failure of ArcelorMittal SA to touch a price smoothing agreement with the packaging industry in order to avoid the prospect of a tin plate price spike in 2009, which was sure to increase tinned food prices. For full story, [...]
A mining company is reported to take on reviving process of the state’s tin industry by investing an initial RM5mil to search for hard rock tin deposits in Pengkalan Hulu. For full story, click here
Perak DAP chief Datuk Ngeh Koo Ham criticised the move by the Barisan Nasional state government in allocating 14,000ha of land to a sole company to revive the Perak tin industry by naming it monopolistic. For full story, click here
Even as stockpiling in China is set to raise the bar for the price of tin, miners in Peru may go on strike on March 15, which could bring on some pressure. Queensland Small Miners too have blamed the government for not adequately supporting small miners.
Many existing producers have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here
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