Asian Metal News
Yunnan Yunfan Tin smelter in Gejiu, Yunnan resumed operations this week after one month of maintenance. The company is running three EFs at present and is looking to produce 500 t of 99.95% tin ingot per month.
Designed with 10 kt of tin capacity, the company has four 1,250 kVA EFs and uses 40% min tin concentrate for ingot production. It produced 1.5 kt of tin ingot in H1 2020 and July output is estimated at 400 t. The company currently holds no stock. Last Friday, mainstream tin ingot (99.95% min grade) transaction prices were RMB139,500~141,500/t in the domestic market. Tin ingot prices have been volatile, buyers have been cautions during July, and prices are expected to hover around the current level this week.