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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Capital A seeks Bursa approval for more time to complete proposed distribution
Ringgit retreats on profit-taking but rounds off 2025 on high note vs greenback
Axis-REIT to purchase industrial property in Senai for RM34.6mil
Bursa Malaysia ends final trading day of 2025 on a softer note
LFE unit accepts LOI for data centre works valued at RM11.5mil
Public Mutual declares over RM128mil in distributions for nine funds
NCT Alliance shareholders give nod to NCT World acquisition
Bank Negara announces reappointments to MPC, SAC
BAT Malaysia redesignates Datuk Sri Mohd Nizam Sairi as chairman
Malaysia's Nov headline inflation at 1.4%, core at 2.2%

Others Also Read