JAKARTA, Oct. 6 (Xinhua) -- Indonesian President Prabowo Subianto has ordered law enforcement agencies to step up efforts against illegal mining and smuggling, particularly in tin-rich regions, state news agency Antara reported.

[SMM Analysis: SHFE Tin Expected to Rally Strongly After Holiday, Reviewing the Logic Behind LME Tin's Nearly 3% Surge During National Day] During the 2025 National Day holiday (October 1 to October 8), global commodity markets performed strongly, with the metals sector overall showing an upward trend. In this wave of "metal frenzy," tin prices stood out particularly, becoming the focus of market attention. The London Metal Exchange (LME) tin price rose significantly during this period, with a cumulative increase of 2.71%, closing at $36,370/mt and once hitting a high of $37,600/mt. Similar to tin, other major nonferrous metals also generally rose, with LME copper, zinc, and aluminum rising by 3.38%, 4.25%, and 2.91%, respectively, while the precious metal gold broke through the historical psychological barrier of $4,000/ounce.

[SMM Tin Midday Review: SHFE Tin Breaks Through 280,000 Mark, Tight Supply-Demand Balance Supports Prices Fluctuating at Highs] On the midday of October 9, 2025, the most-traded SHFE tin contract performed strongly, closing the morning session at 286,470 yuan/mt, with an intraday gain of over 2%. The contract opened today at 280,200 yuan/mt, significantly higher than the previous session's closing price, and once climbed to a high of 286,530 yuan/mt during the session, showing active momentum from bulls. On the external market, although the overnight LME three-month tin contract closed down 0.33% at $36,250/mt, LME tin overall showed a pattern of retreating after a rapid rise during the National Day holiday, with inventory levels remaining at historically relatively low levels, providing support for prices.

[SMM Tin Morning News] Futures: During the National Day holiday, LME tin prices showed an overall upward trend. As of October 7, LME tin closed at $36,370/mt, with a cumulative increase of 2.71% during the holiday period. Prices surged significantly at the beginning of the holiday, driven by news of tightening supply in Indonesia. On October 3, the price once reached a high of $37,695/mt, marking the highest level since early April. Although market sentiment digested the news later, causing prices to pull back slightly from the peak, the overall trend remained strong.

On October 3, 2025, Indonesia's Ministry of Energy and Mineral Resources issued Ministerial Regulation No. 17 of 2025, titled "Procedures for the Preparation, Submission, Approval, and Implementation Reporting of Work Plans and Budgets for Mineral and Coal Mining Activities for 2026." The key change in this regulation is the reversion of the RKAB approval system from a three-year term back to an annual basis, effective from 2026.

According to an SMM survey of local smelters in Indonesia, the recent crackdown on illegal mining launched by Indonesia has had no direct impact on the state-owned tin smelter Timah or the largest private tin mining company, Arsari Tambang. In terms of mining area scale, the total area of mines in the Bangka Belitung region of Indonesia is approximately 530,000 hectares. Among these, PT Timah held 125 Mining Business Permits (IUPs) in 2023-2024, with a total mining area of 472,900 hectares (including 288,600 hectares on land and 184,300 hectares offshore).

[SMM Tin Midday Review: Indonesia's Crackdown on Illegal Mining Sparks Supply Concerns, SHFE Tin Closes Strongly Higher at Midday] On September 30, 2025, at midday, the most-traded SHFE tin contract (2511) settled at 275,130 yuan/mt, up 0.96%. It once surged to 283,000 yuan/mt during the session, hitting a new high since April 3, before paring some gains and hovering at highs overall. Overnight, LME tin performed strongly, closing at $35,455/mt, up 2.79%, leading the gains in the base metal market. However, during the Asian session today, LME tin pulled back to $35,040/mt, reflecting a subtle shift in market sentiment ahead of the holiday.

KBRN, Jakarta: Indonesian President Prabowo Subianto has ordered the Indonesian Military (TNI), National Police, and the Directorate General of Customs and Excise to launch a large-scale operation targeting smuggling routes and 1,000 illegal tin mining sites in Bangka Belitung, which have cost the state tens of trillions of rupiah.

Prabowo Subianto has ordered the closure of 1,000 illegal tin mines in the Bangka Belitung Province. [SMM Tin Morning Brief] Futures: The most-traded SHFE tin contract (SN2511) opened sharply higher during the night session and then held steady, closing at 279,600 yuan/mt, up 2.62% from the previous trading day.