World’s Biggest Tin Exporter Cuts Output

The largest tin producer in Indonesia, which is the world’s top exporter, is cutting output by as much as 50 per cent. PT Timah will produce 1,500 metric tons to 2,000 tons of refined tin a month starting in April, below this year’s target of 2,000 tons to 3,000 tons.

In a report for Bloomberg, Yoga Rusmana and Dwi Sadmoko write that tin is “used in everything from cans to smartphones”, but PT Timah is seeking to stem the decline in price of the metal by restricting output while the Indonesian government tightens export and trading rules to limit shipments.

As producers cut back, the price of tin is expected to rise, which is good news for developers and explorers such as Stellar Resources. With further disruptions and restrictions to the Indonesian tin market, developers and explorers in stable countries such as Australia could receive more good news as buyers hunt for long-term stable supplies of tin.

To read the full article please visit: http://www.bloomberg.com/news/articles/2015-04-22/world-s-biggest-tin-exporter-cuts-output-after-price-rout

Shortage of supply will strengthen tin price in coming years

At the recent Prospectors and Developers Association of Canada conference, corporate advisory firm Hallagarten & Co’s principal and mining strategist, Chris Eccleson, spoke of how tin’s muted performance in 2014 obscured the potential for price rises and robust margins in the coming years. Eccleson revealed that most commentators and market participants believed that current prices represented a trough, and concluded that “overall, we have things set up for a pretty bullish-looking scenario in tin for the next few years.”

Discussing the global tin market, Eccleson noted how Indonesia, Malaysia and China were currently closed markets, and Bolivia and Burma were attached with high political risks. He said that there had been some interest in the old Australian regions, which is positive news for developers and explorers such as Stellar Resources.

To read more about this story featured in Mining Weekly, click on the link below:

www.miningweekly.com/article/shortage-of-supply-will-stoke-tin-price-higher-in-coming-years-2015-03-09

Indonesian Tin Smelters Vote for Monthly Export Quota to Boost Price

Journalists from across the globe have reported that a group of Indonesian tin smelters have put in place a three-month self-imposed quota to cap tin exports at 2,000 tonnes per month, hoping that the move will boost the metal’s price. Jabin Sufianto, chairman of the Association of Indonesian Tin Exporters, said that producers will review sales volumes every month depending on market demand.

Bloomberg’s Yoga Rusmana and Eko Listiyorini also report that Indonesian tin had not performed well on the London Metal Exchange over the last year, as suppliers faced increased competition from countries including Myanmar and Australia. However, with Indonesia having such a short-term tin strategy, reviewing their export quota month-by-month, buyers may look more at Australia for long-term stable supplier of tin – which could be beneficial to developers and explorers such as Stellar Resources.

To read more about this story featured in Mining Weekly, click on the link below:

http://www.miningweekly.com/article/indonesian-tin-smelters-vote-for-monthly-export-quota-to-support-prices-2015-02-17

Amid carnage, tin will soldier on

Resource Stocks’ Antony Barich writes of the dramatic turnaround in Australian tin mining after many years of stagnation. Due to external circumstances, such as economic slowdown in China and the criminalisation of mining sector in Congo, the Australian tin industry is finally recovering and is expected to stay on top despite falling commodity prices. In fact, tin has made the greatest gain since 2010 as several factors have been working in its favour. Persistent deficit will push tin prices higher, although Chinese exports could still interrupt the trend. Analysts believe lowering the tin prices would make the industry less sustainable in the long term – the situation in Indonesia is a perfect example of this. Furthermore, many Indonesian mining companies are not ready to comply with the new regulations banning unprocessed minerals which might weaken mining sector in Indonesia. As a result, Stellar Resources, with its flagship Heemskirk project, is entering a positive phase of economic growth.

To read the full article, click on the link below:

http://stellar.synotivewebdesign.com/wp-content/uploads/2013/07/130628-Resource-Stocks.pdf

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