Singapore?s firm plans first tin export from Bangka in December: Report

Singapore Tin Industries' wholly owned tin smelting plant PT Bangka Global Mandiri International on Bangka island, is scheduled to make its first shipment of tin in December, Platts reported.

The company has been issued the approval to export on Nov. 20 by the Indonesian central government, the news agency quoted a company official as saying on Thursday.

Construction of the plant was completed in September and it started production in October. "Although the plant has a capacity of 18,000 mt/year, we are planning to produce 1,000 mt/month," he said.

STI is jointly owned by China's Yunnan Tin and Singapore's KJP International. Its tin grade is 99.90% and can go up to 99.99%.

Meanwhile, the construction of the 36,000 mt/year integrated tin mining, smelting, refining and products operation on Bangka island remains in progress, the official said. This project is owned by PT Indo Yunnan Mineral Utama, which is a joint venture between STI and Yunnan Tin. The company will focus on lead, tin, nickel and copper exploration and mining. All the concentrate mined, except for tin, will be sent to Yunnan Tin for processing. Tin will be processed at PT BGMI. (*)