Yunnan Tin to spend $566m on relocation of smelter

Chinese tin producer Yunnan Tin Company (YTC) plans to spend 3.5 billion yuan ($566 million) to move its main smelting facility from Gejiu city, in order to comply with the Chinese government’s environmental policies.

Chinese tin producer Yunnan Tin Company (YTC) plans to spend 3.5 billion yuan ($566 million) to move its main smelting facility from Gejiu city, in order to comply with the Chinese government’s environmental policies.

Of this total, plant construction is expected to cost about 1.9 billion yuan.

YTC – which is the world’s largest tin producer – will move its smelting facility to the Mengzi Economic Development Zone in Yunnan province.

Its new copper and lead smelters are already located there, and it plans to upgrade the tin smelter to a 70,000-tpy plant. The relocation project is expected to take three to five years to finish.

The company’s existing tin plant, which underwent major upgrade work with the installation of an Ausmelt furnace in 2002, is situated within Gejiu city.

Under the entry requirements for the tungsten, tin and antimony industries, set out by the Chinese National Development & Reform Commission in 2006, smelters that are within 1km of residential areas must be relocated.

Claire Hack 
chack@metalbulletin.com
Twitter: @clairehack_mb

What to read next
Fastmarkets has corrected the pricing rationale for MB-AL-0302 aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), $/tonne, which was published incorrectly on Friday April 19. No prices were corrected.
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer
European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said