The world’s largest producer of refined tin, Yunnan Tin, met with PT Timah, Indonesia’s largest and the world’s fifth largest producer, in Jakarta earlier in June to discuss future strategic cooperation following discussions at ITA’s International Tin Conference last month.
PT Timah leadership including President Director Ahmad Dani Virsal welcomed YTC Chairman and General Manager Liu Luke and other senior management at YTC and its domestic and overseas subsidiaries, Yunnan Tin Trading and Yuntinic Resources. The companies discussed strategic themes of marketing, technology, and development, and will implement a Memorandum of Understanding between the companies.
Ahmad Dani Virsal highlighted the importance of global cooperation and companies supporting one another in the tin trade, commenting “PT Timah collaborates with various parties, including fellow tin producers, to maintain the sustainability of tin minerals”.
Representatives from Yunnan Tin commented that the meeting was “very constructive”, welcoming the possibility of strategic cooperation between the two parties.
Our view: The International Tin Association is committed to facilitating discussion and action on important issues affecting the tin industry, and is pleased to see progression in conversations initiated at the International Tin Conference.
Yunnan Tin Corporation and PT Timah Tbk are members of the International Tin Association.
