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Yunnan Tin JV suspends operations, reorganises

Wed Aug 20, 2008 5:43am EDT
 
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SINGAPORE, Aug 20 (Reuters) - Singapore's Tin Industries Pte Ltd has suspended its smelter in Singapore for a month due to management issues, which it hopes to resolve soon, company director Petrus Tjandra told Reuters on Wednesday

"There are internal issues which will be resolved soon. We are reorganising. We don't have any problems with getting raw materials," said Tjandra.

STI is a joint venture between China's main producer, Yunnan Tin Ltd. 000960.SZ, and local tin firm KJP International Pte. Ltd.

STI started a refinery in Singapore in June 2006. The refiner, which exports refined tin to Europe and the United States, aims to become a main producer with an annual output of 36,000 tonnes. (Reporting by Lewa Pardomuan; Editing by Ben Tan)

 

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