December 04, 2008

Yunnan Tin reports record production and sales in 2007

According to Antaike in Beijing, China Yunnan Tin Company’s sales had exceeded CNY 12 billion by December 10th 2007 and that it plans to expand its annual revenue to CNY 18 billion by 2009.

Production of Tin at Yunnan Tin Company has grown by 18.7% in the year to date, while total non ferrous metals output has risen by 6.7%. Meanwhile the company’s production of tin semis and tin chemicals has exceeded 10,000 tonnes this year.

Yunnan Tin produced 52,399 tonnes of refined tin in 2006 including production from its STI joint venture in Singapore and is this year vying with Indonesia’s PT Timah to be the world’s largest tin producer.