PT Timah: Data Centres and Solar Panels to Drive Future Tin Demand
The state-owned mining company PT Timah Tbk (TINS) identifies several new sectors projected to drive global tin demand in the future.
The Deputy President Director of PT Timah Tbk, Harry Budi Sidharta, revealed that these two sectors are data centres and solar panel production.
“In solar panels, and subsequently in data centres, these will be the drivers for the growth of tin requirements,” Harry stated during a media discussion session in Jakarta on Thursday.
Harry confirmed that global tin demand has remained relatively stable, as the majority is used for industrial purposes, particularly in electronics.
Regarding resources, he noted that Indonesia remains one of the world’s primary tin-producing regions. The tin mineralisation path, stretching from the Bangka Belitung Islands to the Riau Islands, provides a strategic advantage not shared by many other nations.
“In Indonesia, tin is only found in Bangka and slightly in Belitung and Kundur; there are no other places in Indonesia. The tin vein runs from Bangka, slightly into West Kalimantan, and then moves up to Myanmar and China; that is the tin vein, and it does not go anywhere else,” said Harry.
Amidst these positive prospects, he ensured that the company will focus on maintaining supply sustainability through exploration and the addition of reserves.
Harry revealed that the company is currently evaluating the development of deeper offshore mining and the expansion of primary mining on land as part of its efforts to ensure production continuity in the future.
In addition to increasing exploration, he continued, the company is preparing various technological studies to support more complex mining operations.
“In the future, we will mine at sea, perhaps at greater depths. We are currently evaluating our vessels to enable deeper offshore mining, and on land, we are moving into primary mining,” Harry said.
The company currently holds a Work Plan and Budget (RKAB) of 30,000 tonnes, with long-term targets to increase production alongside efforts to expand its reserves and resources.
In the first quarter of 2026, PT Timah Tbk recorded a net profit of IDR 1.5 trillion, equivalent to 595 per cent of the established target of IDR 252 billion.
The company’s net profit was supported by the rise in global tin prices as well as increased production and sales volumes.
The company recorded revenue of IDR 5.47 trillion in Q1 2026, representing a 160.5 per cent year-on-year growth compared to IDR 2.10 trillion in the same period the previous year.