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Tin in the news (21Jan10) |
Yunnan Tin capital raising (20 Jan 2010)
The Yunnan Tin group is embarking on two capital raising exercises in late January, with the listed Yunnan Tin Company carrying out a rights issue and the group holding company issuing three year notes. In total some RMB 2.2 billion yuan (US$322 million) is to be raised to help financing of various projects. Yunnan Tin Co Ltd is the world’s largest tin producer. |
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Tin in the news (28Jan10) |
According to a large scale poll conducted by Reuters, the mean prediction of the 27 companies which provided forecasts for tin was an annual average LME price of US$16,555/tonne for 2010 and US&17,800 for 2011.
ArcelorMittal cuts Weirton workforce (26 Jan 2010)
ArcelorMittal, a leading US tinplate producer, will lay off 171 steelworkers at its tin mill in West Virginia to remain competitive amid “extraordinary economic conditions”. |
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