World demand for tin will rise: Institute<\/p>\n
JAKARTA (JP): The England-based International Tin Research
\nInstitute Ltd. (ITRI) predicts that the demand for tin world-wide
\nwill grow by 20,000 to 30,000 tons per annum within the next two
\nto three years.<\/p>\n
Rod Bedder, Managing Director of ITRI, said in a release made
\navailable to The Jakarta Post yesterday, that the growth will
\nprimarily be supported by the prospective usage of lead-free
\nsolders in the electronics industry.<\/p>\n
\"It is only a question of certification time before a switch
\ntakes place. If a number of big users approve a high tin content
\nmaterial, a very major step towards our growth target will be
\nachieved by this sector alone,\" Bedder said.<\/p>\n
In addition, as reported by the latest edition of the Metal
\nBulletin, Coca-Cola's desire to switch from aluminum to tin-
\nplated steel for beverage cans, partly for it's higher recycling
\nrate, serves as a good sign for future tin demand.<\/p>\n
Last year's world tin consumption was estimated to reach
\n177,000 tons, indicating an increase of 2.9 percent from the
\nprevious year's 172,000 tons. The growth was largely based on a
\nrecovery in the United States and Europe and on robust demand in
\nSouth East Asia.<\/p>\n
ITRI, which has conducted research and development into the
\nuses of tin for the past 70 years, was privatized earlier this
\nmonth as a result of a change in its funding mechanism.<\/p>\n
The tin research center is now funded by major tin producing
\ncompanies, including PT Tambang Timah and PT Koba Tin of
\nIndonesia, Renison of Australia, Malaysian Mining Corporation,
\nMinsur S.A. of Peru and Somincor of Portugal. (rid)<\/p>",
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