Timah continues to develop exploration for reserves
By : Hariyanto And Aldi Firhand. A | Thursday, September 13 2018 - 19:00 IWST
PT Timah (Persero) Tbk
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.