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Refined tin production from Indonesia's PT Timah, one of the world's top tin miners, fell 63.1% in the first quarter from the same period last year, the company said in a statement on Friday.
By Reuters Staff
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JAKARTA, May 7 (Reuters) - Refined tin production from Indonesia’s PT Timah, one of the world’s top tin miners, fell 63.1% in the first quarter from the same period last year, the company said in a statement on Friday.
Timah’s refined tin production in the first three months of 2021 was 5,220 tonnes, down from the 14,133 tonnes produced last year.
“The effects from the COVID-19 pandemic are still continuing to impact production,” PT Timah Corporate Secretary Abdullah Umar Baswedan said.
Sales of Timah’s refined tin also fell over 60% in the first quarter to 5,912 tonnes from 17,553 tonnes last year, data from the statement showed. (Reporting by Bernadette Christina Munthe; Writing by Fathin Ungku; Editing by Christian Schmollinger)