Indonesia sees 2011 tin output at 90,000 T if prices stay high

Indonesia expects to produce 90,000 tonnes of refined tin in 2011, compared to 78,965 tonnes this year, if prices stay high enough to encourage mining, a senior mining official said on Friday. Source: Bloomberg

Indonesia 2010 Coal Production Increases, Tin Drops

Indonesia’s coal production is estimated to have risen 8.3 percent in 2010 from a year earlier to 275 million metric tons, the Energy and Mineral Resources Ministry said in a statement today. 

Refined tin output may have fallen 25 percent to 78,965 tons this year, while copper output gained 14 percent to 989,953 tons, the statement said. Indonesia is the world’s largest tin and thermal coal exporter. 

Tin production may pick up to 90,000 tons next year as a recovery in the global economy boost demands for the metal used in soldering and packaging, Bambang Setiawan, director general of coal and minerals at the ministry, told reporters. 

The following table shows details of Indonesia’s minerals production in 2010 based on a statement distributed to reporters in Jakarta today. The 2009 figures were based on previous statement from the energy ministry. Source: Bloomberg

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Commodity                                 2010                      2009
                                           Actual     Target
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Coal (million of metric tons)      275        270             254
Copper (metric tons)              989,953    930,000       868,171
Gold (metric tons)                    111        107            105.4
Silver (metric tons)                  323        355             232.1
Tin (metric tons)                  78,965     90,000           105,000
Bauxite (million of metric tons)     7.15        7.5        10.08
Ferronickel (metric tons)          17,970     15,000       17,917
Nickel in matte (metric tons)      78,336     77,000     63,548
================================================================