PT Timah (TINS) Ore Production Jumps 75% to 12,232 Tons in H1 2026
29 Jul 2026, 08:57 AM
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PT Timah (Persero) Tbk (TINS) produced 12,232 tons of tin ore, measured in contained tin (Sn), during the first half of 2026. The figure jumped 75% from 6,997 tons of contained tin in the same period a year earlier.The increase in production was driven by productivity optimization and the addition of operating units across several production assets, including production suction dredges (KIP), production suction pontoons (PIP), and partnership-based onshore mining operations comprising small-scale mines and onshore suction pontoon mines."The operational performance was also supported by various optimization measures implemented consistently. In onshore mining, the company increased the number of operating units and strengthened exploration activities through guide drilling to ensure more precise excavation in line with the designated mining blocks under the approved work plan," PT Timah President Director Restu Widiyantoro said in a statement on Wednesday (July 29, 2026).For offshore mining, the company optimized the operational performance of its production suction dredges, operated one bucket-line dredger, KK Singkep 1, increased the productivity of its production suction pontoons, and optimized its tailings processing facilities to improve processing efficiency.Production performance was also supported by enhanced supervision and security across the company's mining business permit areas (WIUP) and production sites, including support from a central government task force in maintaining conducive operating conditions.In line with higher tin ore production, the company recorded refined tin production of 10,865 metric tons of contained tin during the first half of 2026, up 58% from 6,870 metric tons in the first half of 2025.Refined tin sales reached 10,984 metric tons, an increase of 85% from 5,933 metric tons in the same period a year earlier.Restu said the increase in sales volume was also supported by optimized inventory management to meet market demand.Meanwhile, the average selling price of refined tin during the first half of 2026 reached USD 49,794 per metric ton, up 52% from USD 32,816 per metric ton in the first half of 2025, in line with persistently strong global tin prices.The company's refined tin sales remained heavily export-oriented, with overseas markets accounting for 97% of total sales, while the domestic market contributed 3%.The company's refined tin was primarily exported to six countries, with China accounting for 36% of sales, followed by India at 12%, South Korea at 11%, Singapore at 6%, the Netherlands at 5%, and Italy at 5%."The sales composition reflects the continued competitiveness of the company's tin products in international markets and the confidence of global customers in the quality of our products and the reliability of our supply," Restu said.Restu said the company remains optimistic about maintaining its positive performance momentum in the second half of 2026, supported by favorable prospects for the global tin industry driven by growing demand from the electronics, semiconductor, electric vehicle, data center, and artificial intelligence technology sectors.To support sustainable growth, the company continues to carry out exploration activities both onshore and offshore to ensure the long-term sustainability of its tin resources and reserves. As of the first half of 2026, the company reported tin resources of 798,000 tons and tin reserves of 312,000 tons, providing the foundation for the sustainability of its operations and future business development.
