China's Aug tin output rises 11.1% m/m - Antaike

China Ting group

08/09/2021 13:51

Sept 8 (Reuters) - China's refined tin output rose 11.1% in
August from the prior month, state-backed research house Antaike
said on Wednesday, as top smelter Yunnan Tin's  000960.SZ 
return from maintenance offset ongoing curbs on power use.
    The 20 smelters in Antaike's monthly tin production survey
churned out 13,369 tonnes of the metal last month, with Yunnan
Tin announcing the end of its 45-day smelter maintenance in
mid-August.  urn:newsml:reuters.com:*:nP8N2PH091
    The increase came despite southern Chinese provinces
including tin heartland Yunnan restricting metal producers'
electricity consumption due to a shortage of power supply and a
drive to reduce carbon emissions.  urn:newsml:reuters.com:*:nL4N2OQ2J0
    A resumption of production at the Yinman tin mine in Inner
Mongolia in mid-August will alleviate tight supply of raw
material tin concentrate as output ramps up, Antaike said.
    It sees September refined tin output rising slightly from
August, even as an equipment and plant overhaul at China Tin
 3398.HK  may not be completed until mid-month and another
smelter, Guangdong Hanhe, goes on maintenance. 

 (Reporting by Tom Daly; Editing by Jan Harvey)
 ((tom.daly@thomsonreuters.com; +86 10 5669 2119;))