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Tin in the news (26 Nov 09)
Chinese tin imports fall (23 Nov 2009)

China’s refined tin imports fell to 1,041 tonnes in October, 40% lower than in October 2008.  However, the year-to-date total import at 21,153 tonnes is still 83% higher than for the same period in 2008, and is also the highest import volume on record for the Chinese tin industry.

The main suppliers of refined tin to China were Indonesia, Bolivia, Malaysia and Korea.

Latinusa to double tinplate capacity (23 Nov 2009)

Indonesia’s PT Latinusa plans to double its tinplate production capacity of 130,000 tpy to 250,000 tpy by 2013/14 by adding a second tinplate line.  The expansion plan is to boost sales to Australia, where currently there is no tinplate production facility.

 

 East Kemptville re-start assessed (20 Nov 2009)

TSX-listed Avalon Rare Metals is carrying out a preliminary economic assessment, including metallurgical testing,  of the East Kemptville deposit in Nova Scotia.  East Kemptville was a large low-grade open pit operation owned by Rio Algom.  It was Canada’s only tin mine and was producing some 4,000 tpy before its closure in 1991.  The economic analysis is expected to be completed in Q1 2010.

Draft law to restrict US imports of ‘conflict minerals’ (20 Nov 2009)

Draft legislation to control imports of tin, tantalum and tungsten products originating from DR Congo has been introduced into the United States House of Representatives this week.

Under the proposed new legislation (The Conflict Minerals Trade Act of 2009) the US government would identify those commercial goods that could contain “conflict minerals”, approve a list of independent monitoring groups qualified to audit the worldwide processing facilities for these minerals, and eventually restrict the importation of minerals to those from audited facilities.

The aims of the draft Bill fit well with those of the ITRI Tin Supply chain Initiative (ITSCI) being developed for the region.

Timah cautious on 2010 sales, production plans (19 Nov 2009)

Indonesia’s PT Timah is forecasting no change in its global sales in 2010 and will only expand production if prices are sustained above US$16,000 per tonne.  However, it will continue to expand its fleet of offshore dredges and is also looking to boost sales in North America.

(Source:  ITRI 26 November 2009)

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