MSC set on improving operational efficiencies

PETALING JAYA: Malaysia Smelting Corp Bhd (MSC) has stated that headwinds such as high interest rates, inflation and weaker developing economies have made it cautious about market conditions and the group will remain focused on improving operational efficiencies in its tin smelting and mining segments.

On the positive side, tin prices have risen in early 2023 on China relaxing its zero-Covid policy. Its new Pulau Indah (PI) plant, which uses newer and more efficient technology, is on target to achieve higher capacity and full commission in the near future.