Gallery

 KLTM
                 18 May21 May
 Tin19,35019,850
 LME
 17 May18 May
 Tin19,450
19,400
 Nickel 16,910
17,105
 Copper 7,708
7,795.5
 Gold1,554
n.y.a
 Silver 2,748
2,848
 Aluminium1,987.5
2,016.5
 Steel(billets)475.5n.y.a
In tonnes except gold & silver in troy oz
Tin in the News (16 June 2010)
Source:  ITRI Ltd

Jump in Japan’s tin imports (16 Jun 2010)

Japan’s imports of refined tin in the January-April 2010 period amounted to 10,837 tonnes, up 81% year-on-year against the same period in 2009 in spite of a major fall in the country’s manufacturing and export activity.  Indonesia accounted for 47% of the total imports with the rest mainly from Thailand (34%) and Malaysia (15%).

Another slow month for Indonesian exports (14 Jun 2010)

Provisional data released by Indonesia’s trade ministry showed tin exports in May totalled 7,333 tonnes, 26% lower than in May 2009.  Cumulative tonnage for January-May 2010 was 35,234 tonnes, down 16% year-on-year.  The lower output could be could be due to declining production from small-scale mines.

DRC Ministry of Mines reconfirms official support  (11 Jun 2010)

The Ministry of Mines of the Democratic Republic of Congo (DRC) has signed the ‘Protocole d’Accord’ with ITRI regarding co-operation on the practical implementation of Phase 2 of the ITRI Tin Supply Chain Initiative (iTSCi) and the selection of mine sites for the pilot trial.  In so doing the Ministry has given its full support and authority to the pilot trials and will ensure that ITRI and its representatives and partners in the project are given fullest co-operation in the field from all relevant government departments and services.

Initial pilot sites have been selected at Bisie, in North Kivu and Nyabibwe in South Kivu.  Bisie is considered a key site for cassiterite, while Nyabibwe is relevant for both cassiterite and columbotantalite.  The pilot project will run for several months.

Indonesian tinplate to be exported to Australia (10 Jun 2010)

Indonesian tin producer PT Pelat Timah Nusantara (Latinusa) plans to export part of its tinplate production (up to 40,000 tonnes) to Australia beginning next year.    Since the closure of Bluescope Steel’s last remaining tinning line at its Port Kembla plant in 2007, Australia has imported all its requirements, mainly from Japan.  Latinusa is investing US$85 million in a project to modernize its facilities and expand annual capacity from 130,000 tpy to 160,000 tpy.

Help this site to stay free & run by buying me a cup of coffee!mfBeer Joomla! Plugin