PT Timah Tbk allocated IDR 37 billion in August 2024 to optimize the management of tin ore resources and reserves both on land and at sea to meet global market demands.

“This exploration is not just about discovering new reserves but also a key part of the company’s sustainability strategy,” said PT Timah Tbk’s Head of Corporate Communications, Anggi Siahaan, in Pangkalpinang, Bangka Belitung (Babel), on Friday.

He explained that PT Timah's exploration activities at sea included exploratory drilling and mine guidance using five drilling vessels.

“On land, exploration activities include primary land drilling and topographic surveys,” he added.

Anggi emphasized that exploration is a strategic step to ensure the continuity of the mining industry. However, it is not only about expanding production but also about balancing the utilization of natural resources with environmental preservation.

“PT Timah is also continuously working to improve exploration, mining, and processing technologies as part of efforts to ensure the company’s sustainability,” he said.

He noted that optimal management of tin mineral reserves, adhering to sustainable mining principles, is one way PT Timah can maintain its position as a global tin producer.

“As a mining company that represents the nation, PT Timah Tbk conducts integrated mining operations by implementing Good Mining Practices,” Anggi said.

He confirmed that the tin ore produced comes from PT Timah Tbk’s Mining Business Permit Area (IUP).