MSC’s tin output to remain firm despite global cuts


Yong: A few new mines will be coming on line in 2020, causing an increase of ore available to tin smelters like MSC.

KUALA LUMPUR: Malaysia Smelting Corp Bhd (MSC), the world’s third-largest refined tin producer, does not expect its output to fall this year even though the top two have flagged production cuts, its chief executive said.

Earlier this month, producers including the world’s top two – China’s Yunnan Tin and Indonesia’s PT Timah – said they would reduce production by around 30,000 tonnes this year - or about 8%of global supply - due to a recent slump in the metal’s price.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Airbus backs Sarawak’s aviation ambition, sees potential as regional hub
NWE Resources eyes ACE Market listing
Govt reviewing carbon tax implementation amid geopolitical pressures
Theta Edge inks MoU to explore Hajj tech rollout in Indonesia
Ringgit revisits 3.95 against greenback on US-Iran talks hopes
Muhibbah Engineering wins RM120mil Penang LRT contract
Ocean Fresh receives additional tax assessments
Paos lodges proof of debt amounting to RM16.10mil
M'sia to increase biodiesel blend mandate from B10 to B15, says Economy Minister
AMS Advanced Material IPO oversubscribed 9.03 times

Others Also Read