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Jakarta Post
The Jakarta Post
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Timah gears up for cost cutting amid low tin prices

  • Raras Cahyafitri

    The Jakarta Post

Jakarta | Thu, November 22 2012 | 09:11 am

PREMIUM The world’s third-largest tin producer, PT Timah, will maintain its production level next year in response to declining prices, while focusing on reducing costs to maximize net profits.

“We don’t want higher production but lower profit. We want lower production but higher profit, which can be achieved through efficiency,” Timah president director Sukrisno said on Wednesday.