TINS' 2026 Prospects Look Promising with Rising Tin Prices and Crackdown on Illegal Mining

Increased Net Profit in Q3 2025

PT Timah Tbk (TINS) has reported a significant increase in net profit to Rp 602 billion in Q3 2025, compared to Rp 300 billion in the first half of 2025. This increase is driven by rising global tin prices and increased sales volume.

Rising Global Tin Prices

Global investment banks are predicting that tin prices will reach US$ 50,000 per ton by 2026, driven by recovering cyclical demand and ongoing supply constraints in Indonesia and Myanmar. This price increase is expected to benefit TINS' performance.

Government's Efforts to Crack Down on Illegal Mining

The government has also taken steps to crack down on illegal mining, which is expected to benefit TINS' performance. Previously, the government had handed over six smelters seized from corruption cases involving tin management worth Rp 300 trillion.

Conclusion

With rising global tin prices and the government's efforts to crack down on illegal mining, TINS' prospects look promising. The company's increased net profit in Q3 2025 is a positive sign, and investors will be watching closely to see how the company performs in the coming year.