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Indonesia Timah Tin Industry Plans to Produce 50kt Tin in 2010

iconFeb 3, 2010 00:00

SHANGHAI, Feb. 3 --  According to sources from Jakarta, a high rank officer from Timah Tin Industry (PT Timah) told that tin output at the company is expected to reach 50 kt in 2010, higher from the levels of 49 kt in 2009.

The high rank officer also told that international tin prices are expected to grow from the range of USD 12,000-13,000/mt in 2009 to USD 20,000/mt in 2010. He told price increases of tin in international market will help increase revenue at the company by 10% in 2010.

(Edited by SMM)
 

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