Friday, October 24, 2008

PT Timah may reduce tin output

The Jakarta Post Daily-October 23, 2008 Facing the credit crisis, PT Timah, the world’s second largest tin miner, would cut its production 6.3 percent due to the price drop in this commodity. Hence, Timah may produce only 45,000 metric tons this year. World tin price has dropped about 49% for the last six months.

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