Indonesia's Timah sees 2010 profit double on tin price surge

Indonesia's state-owned PT Timah , the world's largest integrated tin miner, said on Monday that it posted 802.4 billion rupiah in 2010 net profit, more than double its 313.8 billion rupiah profit the previous year as tin prices surged.


Tin prices have tracked copper to fresh record highs this month as supply shortages from top producer Indonesia have supported prices. Source: Reuters