Malaysia Smelting Set to Boost Output as Tin ‘Finds Balance’
- Company aims to lift production by 20%, Group CEO says
- Tin price unlikely to return to pre-Covid level on supply
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Malaysia Smelting Corp., one of the world’s biggest tin producers, aims to boost its output by 20% over the next couple of years as part of its growth strategy.
The company produces between 10 tons to 14 tons a day and plans to buy more mining leases to lift production, Group CEO Patrick Yong Mian Thong said in an emailed interview. Its unit Rahman Hydraulic Tin Sdn. is actively exploring the acquisition of neighboring mining land, he added.