State mining firm PT Timah Tbk, the world’s second-largest tin producer, said on Wednesday that its sales of the metal dropped 20 percent in 2008 due to slowing global demand as well as widespread illegal mining. Wachid Usman, Timah’s president director said: Tin sales had fallen to 46,438 tons in 2008 from 57,897 tons a [...]
Japan’s Dowa Holdings Co Ltd said it would curb output by about 10 percent from its initial plan from February. For full story, click here
China’s top tin producer, Yunnan Tin has stopped production at its smelting facility. For full story, click here
Normally, tin doesn't get a lot of attention. The lowly, non glamorous tin is becoming increasingly important however, overtaking lead as the metal of choice in modern electronics soldering, especially after EU regulations requiring lead-free solders was implemented in 2006. In 2006, tin accounted for 50 per cent of solders; in 2007, that market share grew to 52 per cent.
China’s top tin producer, Yunnan Tin has stopped production at its smelting facility. For full story, click here
Yunnan Tin had stopped production at its sole smelting facility due to a decline in tin prices. This facility has capacity to produce 70,000 tonnes of tin output per year. For full story, click here
Tin production to be curbed In a move that will do much to keep global tin prices elevated, Indonesia confirmed in late August 2008 that it will be limiting tin production this year and next. For full story, click here
Indonesia’s PT Timah the world’s prominent integrated tin miner, expects its tin output to stay flat in 2009. For full story, click here
State mining company PT Timah, may produce tin derivative products next year and sell them directly to industries, anticipating a continued drop in tin prices. For full story, cliack here
The company expects to produce below 50,000 tonnes of refined tin next year due to falling prices and a government plan to set an output quota for tin. For full story, click here
Thursday, January 29, 2009