Stellar in Shanghai for ITRI International Tin Forum

Last month Stellar Resources attended the 2015 ITRI International Tin Forum in Shanghai, billed as the tin world’s main event of the year.

A record 300+ delegates were in attendance with Stellar at the event between 18 – 20 May, including tin miners, smelters, traders, fabricators and consumers from around the world. The Forum offered international attendees a window into the world’s largest tin market, while providing the Chinese industry with a clear view of trends in global supply, demand and prices.

During the Forum Stellar Resources gave a strong presentation informing attendees about its Heemskirk Tin Project, which is the highest grade undeveloped tin project listed on the ASX. Managing Director Peter Blight enthusiastically explained how Stellar’s project is in a premier position in Australia’s most productive tin field, and how they are poised to embark on a DFS for the Heemskirk project this year with PFS optimisation currently well underway.

ITRI also gave a formal presentation on the main day of the Forum which covered a number of the year’s principal issues, such as imports of ore and concentrates from Myanmar, technology changes in the electronics solders business and rapid growth in newer applications like lead-acid batteries.

The Forum’s key topic of interest was the unexpected increase in the 2014 tin mine production and its subsequent role in the fall in the price of tin, particularly in the second half of the year. While production increases were widespread the single biggest impact came from artisanal production in NE Myanmar.

According to the latest statistics, this production may have peaked in January of this year, however ITRI reported a continued, yet modest, increase of 5,000t year on year in 2015. Discussions at the event suggest that despite this, as high cost producers react to weak tin prices, the resultant cuts in refined production elsewhere should more than offset higher production from Myanmar.

Additional presentations at the Forum showed that demand in the tin market is looking stronger than expected, with above trend growth forecast for 2015 after a strong recovery in 2014. This is good news for developers and explorers such as Stellar Resources, who left the Forum with renewed confidence.

To view the presentation Stellar gave at the 2015 ITRI International Tin Forum, please click here.

The Australian: Time to bang the tin drum in a tight market

In his weekend criterion column for The Australian, Tim Boreham reports that the long-awaited reduction in Indonesian tin production is a “blessed relief” for developers such as Stellar Resources.

Indonesian tin accounts for 25% of the market and there were suggestions that Indonesian producers have been mulling the decision to cut output for some months.

Last week, in a move that saw a 7% rise in the price of the “handy industrial metal”; Refined Bangka Tin, the world’s biggest tin producer, announced that it would cease production infinitely – good news for Australian tin exploration and development company Stellar Resources.

As part of his reporting Boreham goes on to reference Stellar’s 100% ownership of the Tasmanian Heemskirk project, and the assertion that it is “the highest grade undeveloped tin resource on the local bourse.”

Throughout the article Boreham’s view of the tin market was a positive one, a perspective Peter Blight, Stellar Resources Managing Director, is very much in agreement with; adding that it is “in much better shape than the price suggests.”

The full article, including comments from Stellar Resources, can be found at: http://www.theaustralian.com.au/business/opinion/tin-miners-worth-a-look-in-a-tight-market/story-e6frg9lo-1227319357831

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

Tin Price Jumps most in Three Years

Yesterday (Monday 20 April 2015) the price of tin surged by 6.7%, the most it had in three years, as signs of declining supplies spurred buying.

In an article for Bloomberg, Agnieszka de Sousa and Debarati Roy report that stockpiles tracked by the London Metal Exchange fell to the lowest since October, and Indonesia’s largest private smelter, Refined Bangka Tin, will halt production this week. The journalists argue that these factors helped the price of tin climb 6.7% to settle at $15,525 a metric ton, the biggest jump since January 2012.

The rising price of tin will be beneficial to developers and explorers such as Stellar Resources, especially as buyers may decide to stay away from unstable markets such as Indonesia and instead look for long-term stable supplies of tin in Australia.

To read more about this story featured on Bloomberg, click on the link below:

http://www.bloomberg.com/news/articles/2015-04-21/tin-jumps-the-most-in-two-years-as-indonesia-plans-output-cuts

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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