Timah continues to develop exploration for reserves
By : Hariyanto And Aldi Firhand. A | Thursday, September 13 2018 - 19:00 IWST
PT Timah (Persero) Tbk
Related News
Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue
Indonesian Embassy in Tehran Promotes Indonesian Tourism Destinations at Tehran International Tourism Exhibition 2024
INDUSTRY.co.id - Jakarta - PT Timah Tbk contributes foreign exchange reserves projected at US $ 563 million by exporting 28 kilo tons of tin to the markets of the United States and countries in Asia, Africa and Europe.
PT Timah Tbk President Director Riza Pahlevi said that currently Timah was developing exploration to explore reserves.
"Currently Timah continues to develop exploration to explore reserves that are even better so that production can be sustainable," Riza said through a press statement received on Thursday (09/13/2018).
Regarding exports, Riza said, 90% of Tin's ingot production has exported to a number of countries in the world.
"The large number of exports puts Timah as the second largest producer in the world. So we can control world market prices," he concluded.
Read Also
San Francisco Prepares to Host a Successful APEC 2023 Summit
ZINC Boosts Galena Production Amid Market Short of Supply
Register Their Investment in Sorong, TGEM Will Seriously Build IGNITE…
The WIKA - ETI Consortium Will Handle EPC Process of STAL One Ecopark…
ZINC Boosts High Grade Galena Production
Today's Industry
Selasa, 23 April 2024 - 10:29 WIB
President Jokowi Reaffirms Commitment to Farmers’ Welfare
President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…
Rabu, 28 Februari 2024 - 12:47 WIB
Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry
PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…
Rabu, 21 Februari 2024 - 08:43 WIB
Gov’t to Continue Disbursing Rice Assistance
President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…
Rabu, 21 Februari 2024 - 08:40 WIB
Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan
The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…
Rabu, 21 Februari 2024 - 08:23 WIB
Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs
Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…
Industri Populer
Magazine
CAREER
News Comment