The Grain and Material Reserve Bureau of Yunnan Province signed a tin and indium metal reserve agreement with Yunnan Tin Holding.

Published: Apr 7, 2025 13:53
According to YT Yunnan Tin News: On March 27, the Yunnan Provincial Grain and Material Reserve Bureau and Yunnan Tin Holding Company held a signing ceremony for the Yunnan Province Nonferrous Metals (Tin, Indium) Reserve Agreement in Kunming. Both parties will deepen cooperation in areas such as the construction of tin and indium acquisition and storage mechanisms, dynamic resource regulation, industry chain coordination, and reserve management technological innovation, aiming to achieve the national strategic resource security goals and assist Yunnan Province in building a national strategic nonferrous metal resource security demonstration zone. Sun Yong, Secretary of the Party Committee and Chairman of the Holding Company, Han Shouli, Deputy Secretary of the Party Committee, Vice Chairman, and General Manager, and Xu Pengsheng, Secretary of the Party Leadership Group and Director of the Provincial Grain and Material Reserve Bureau, attended the ceremony.

According to the agreement, both parties will leverage Yunnan Tin's globally leading tin and indium resource development capabilities and the comprehensive management functions of the Yunnan Provincial Grain and Material Reserve Bureau to jointly promote the formation of a "government-led, enterprise-coordinated, dynamic regulation" nonferrous metal reserve mechanism, known as the "Yunnan Model," striving to create a new pattern for national strategic resource security.

Sun Yong stated that after thorough preparation, the Yunnan Provincial Grain and Material Reserve Bureau and Yunnan Tin have officially implemented the Yunnan Province Nonferrous Metals (Tin, Indium) Reserve work, which is an important measure for both parties to jointly fulfill the national mission of tin and indium resource security. As a "dual leader" in the global tin and indium industry, Yunnan Tin is always committed to enhancing the security capacity of strategic mineral resources and promoting the high-quality development of the industry chain. Under the strong leadership of the Provincial Party Committee and Provincial Government, and with the strong support of the Provincial Grain and Material Reserve Bureau, Yunnan Tin will continuously strengthen its role as the "ballast stone" for ensuring the security of national strategic mineral resources, making new and greater contributions to ensuring the stability and controllability of the tin and indium industry chain and supply chain, and promoting the green, low-carbon, and sustainable development of the nonferrous metal industry.

Xu Pengsheng stated that nonferrous metal reserves are an important component of national strategic material reserves, a crucial strategic support for national livelihood and security, and a "ballast stone" for stable economic operation and social harmony. The cooperation with Yunnan Tin is a concrete measure for our province to implement the important instructions of General Secretary Xi Jinping during his field trip to Yunnan, to carry out the decisions and deployments of the Party Central Committee and the State Council, and to further advance the construction of the "Great Power Reserve" system. It is a practical move based on Yunnan's resource endowment to strengthen strategic material reserves and a specific practice of government-enterprise linkage. It is hoped that this signing will serve as an opportunity to further optimize the structure of our province's material reserves, enhance the strength of our nonferrous metal reserves, and strengthen coordination in responding to market fluctuations and ensuring resource supply security by leveraging Yunnan Tin's professional capabilities, striving to explore the establishment of a long-term and stable cooperation mechanism, continuously improving the comprehensive strength of Yunnan's strategic nonferrous metal reserves, and contributing Yunnan's strength to safeguarding national resource security.

Han Shouli stated that with the official signing of the Yunnan Province Nonferrous Metals (Tin, Indium) Reserve Agreement, Yunnan Tin will take this opportunity to further build a "purchase-production-storage-sales-inventory" full-chain linkage system, fully leverage the advantages of industrial clusters, deepen the application of reserve policies, enhance market regulation capabilities, and strengthen the industry's risk resistance. In the future, Yunnan Tin will focus on the goal of becoming the "world's best tin and indium product supplier and the world's best tin and indium industry solution provider," continuously accelerate the R&D of core products such as high-performance tin-based electronic chemical materials and advanced packaging welding materials, and promote the tin and indium industry to develop in a more high-end, intelligent, and sustainable direction.

Xu Cuifen, Member of the Party Committee and CFO of the Holding Company, and Guan Youfang, Member of the Party Leadership Group and Deputy Director of the Provincial Grain and Material Reserve Bureau, signed the agreement on behalf of both parties.

The signing of this agreement is not only an innovative practice for Yunnan Province in building a national mineral resource reserve system but also another important measure for Yunnan Tin to deepen its industrial layout and strengthen its global competitiveness. Yunnan Tin will join hands with the Provincial Grain and Material Reserve Bureau to continuously advance key tasks such as reserve system construction and industry chain upgrading, build a new metal reserve mechanism, and assist in the steady progress of the national mineral resource security strategy.

Relevant leaders and department heads from Yunnan Tin Holding, Tin Industry Co., Ltd., and the Yunnan Provincial Grain and Material Reserve Bureau attended the signing ceremony.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Feb 7, 2026 17:54
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Read More
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.
Feb 7, 2026 17:54
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Feb 7, 2026 17:48
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Read More
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.
Feb 7, 2026 17:48
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Feb 7, 2026 17:39
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Read More
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.
Feb 7, 2026 17:39