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Arsari Tambang Records Tin Sales of 5,342 Tons in 2022

www.industri.kontan.co.id

Thu 26 Jan 2023, 11:33 AM

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Arsari Tambang (AT) recorded sales of refined tin reaching 5,342 tons throughout 2022. Chief Executive Officer (CEO) of Arsari Tambang Aryo Djojohadikusumo said Arsari Tambang oversees a number of companies in the tin mining sector, namely PT Mitra Stania Prima (MSP), PT Mitra Stania Kemingking (MSK), PT Mitra Stania Bemban (MSB) and PT Aega Prima.

He detailed that last year's tin production from PT MSP reached 3,359 tons, followed by PT MSK with 1,023 tons, and PT Aega Prima with 960 tons. "PT Mitra Stania Bemban is currently preparing the complete documents needed for the preparation of the RKAB (Work Plan and Expenditure Budget)," said Aryo in his official statement, Thursday (26/1). He said that this year the company is optimistic that tin production will increase again, despite the threat of a world economic recession.

The company's other subsidiaries also continue the exploration program to increase resources and reserves for the continuation of the Arsari Tambang business in order to provide foreign exchange to the state. It is known that Indonesia has long been known as one of the world's main tin producers. Most of the mineral resource reserves are in the Bangka Belitung Islands. This area can be called the largest tin area in Indonesia.

Next, in the Bangkinang area, Riau Province. In the Riau Archipelago there is also a kelurahan which is the largest tin producer in Indonesia. The name of the village is Dabo which is located on Singkep Island. The region is also an area that holds quite a lot of tin reserves. Quoting data from Fitch Solution, Indonesia is listed as the second largest tin mining producer in the world after China.

In 2021, the total production of Indonesian tin commodities is 83,000 tons. This amount is equivalent to 26 percent of the world's total mining production. Meanwhile, Indonesia's tin reserves, according to data from the United State Geological Survey (USGS), are estimated to reach 800,000 tons in 2021. This number also makes Indonesia the second largest owner of tin reserves in the world after China.

Source: https://industri.kontan.co.id/news/arsari-tambang-catatkan-penjualan-logam-timah-5342-ton-tahun-2022

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