Timah continues to develop exploration for reserves

By : Hariyanto And Aldi Firhand. A | Thursday, September 13 2018 - 19:00 IWST

PT Timah (Persero) Tbk
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.

News Comment

Today's Industry

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Pekerja Industri Tekstil

Jumat, 28 Maret 2025 - 21:44 WIB

Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year

PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…