PT Timah Targets 30,000-Ton Increase in Reserves in 2026

PT Timah (Persero) Tbk is targeting an additional 30,000 tons of tin reserves in 2026 to replace depletion, or the reduction in reserves resulting from production activities, while maintaining the sustainability of the company's operations.

PT Timah Corporate Strategy and Business Development Director Harry Budi Sidharta said increasing resources and reserves was one of the company's focuses in its strategy to boost operations and production.

“With a target of adding 30,000 tons in reserves, at least that would replace or correspond to the results of depletion. This is to maintain the sustainability of the company's production,” Harry said during the online Public Expose Live 2026 in Jakarta on Thursday.

As of the first half of 2026, PT Timah recorded 798,000 tons of tin mineral resources and 312,000 tons of tin mineral reserves, both measured in Sn.

To strengthen these resources and reserves, the company is carrying out exploration activities both on land and at sea.

According to the company's presentation, activities carried out in 2026 included geological surveys covering 3,216 hectares, geophysical surveys spanning 76 kilometers, and topographical surveys covering 17,638 hectares.

The company also recorded 41,104 meters of exploration drilling and 12,971 meters of infill drilling as part of its strategy to increase resources and reserves.

PT Timah Production and Commercial Director Ilhamsyah Mahendra said exploration was a priority in 2026 as it represents the initial stage in discovering new resources and reserves.

“For the mining business, it starts with exploration activities, which are currently a priority in 2026. This is then followed by the actual mining process for tin minerals,” Ilhamsyah said.

In addition to exploration, the company has begun focusing on processing primary tin and optimizing production through the addition of equipment, improvements in equipment productivity, and the acceleration of new mine-site development.

Since July and August 2026, PT Timah has added four production suction dredgers to support its operational targets through the end of the year. Additional equipment has also been deployed in several onshore mining areas.

“We hope to maximize the addition of equipment and increase the productivity of our mining equipment through the end of the year,” Ilhamsyah said.

Separately from its reserve-addition target, the company's 2026 Work Plan and Budget (RKAP) sets a target of producing 30,000 tons of tin ore, measured in Sn.

In the first half of 2026, the company's tin ore production reached 12,232 tons of Sn, up 75% from the same period a year earlier. Tin metal production reached 10,865 metric tons, representing annual growth of 58%.

Ilhamsyah said the company remains on track to meet its operational and production targets for this year after making a number of improvements to its operational fundamentals and processing and refining infrastructure.

For 2027, he said the company's operational and production targets would be more or less the same as those for 2026. However, the focus will remain on increasing resources and reserves to maintain the sustainability of its operations and business.

In addition to primary tin, the company is also developing the potential of rare earth metals from tin-associated minerals, including monazite. The development remains at the technology assessment stage in collaboration with several partners.

Source: https://www.antaranews.com/berita/5734851/pt-timah-targetkan-tambahan-cadangan-30-ribu-ton-pada-2026

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