PETALING JAYA: The restriction on the tin smelting and mining operations of Malaysia Smelting Corp Bhd (MSC) during phase one of the National Recovery Plan has led to an indefinite suspension of the Kuala Lumpur Tin Market (KLTM).
MSC is the world’s third-largest tin supplier as well as the world’s largest toll smelter. A large portion of its 40, 000 tonnes of tin ore annually is smelted and traded on the local physical tin market in Malaysia.
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