Timah Withholds Tin Sale for July to ‘Strategize’ for Higher

Bareksa.com - The country’s biggest tin miner PT Timah (TINS) is mulling to temporarily stop selling tin for a few weeks in July amid lower-than-expected prices that have squeezed its finances.

As quoted as from The Jakarta Post, Timah president director Sukrisno said on Monday that the company would not start selling unless prices reached at least US$23,000 per ton.

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