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All Indonesian producers to halt exports

Post By: Peter Kettle on Tuesday, 27 September 2011

Following a meeting held on Monday evening with Bangka Belitung Governor Eko Maulana Ali, all Indonesian producers have said that they will halt exports from 1 October in order to support tin prices. Exports will resume if the price recovers to $25,000/tonne, Johan Murod, director at PT Bangka Belitung Timah Sejahtera, a group of six private smelters, told Bloomberg. According to Murod 28 companies - including PT Timah, the biggest producer, and Malaysia Smelting Corporation's 75%-owned subsidiary PT Koba...

US may resume tin stockpile sales in 2013

Post By: Peter Kettle on Monday, 26 September 2011

The US Defense Logistics Agency (DLA) could potentially resume disposals of small quantities of tin from 2013, American Metal Market reported. The National Defense Stockpile Market Committee has called for market comment on the impact of DLA Strategic Materials' proposed annual materials plan (AMP) for 2013, the committee said in a notice published in the Federal Register. The main planned sales in 2012 and 2013 are of ferrochrome, ferromanganese and tungsten ores and concentrates, but the 2013 list also...

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