Timah to export 25% output to Europe
Wednesday, July 26 2017 - 05:55 AM WIB
By Thomas Sembiring
IDX-listed tin giant PT Timah Tbk plans to export about 25 percent of its tin output target this year of 30,000 tons to Europe.
?According to our record, around 3,700 tons have been shipped (to Europe),? said Finance Director Emil Ermindra recently.
He said that the Timah is particularly eying Italy and the Netherlands, which respectively are targeted to account for 6.7 percent and 17.30 percent of the total sales volume target this year.
Timah aims to export around 95 percent of its tin output, and to allocate the remaining five percent for the domestic market.
Editing by Reiner Simanjuntak