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Top related persons:
Lockdowns - 1 Boom - 1 Barbara Lewis - 1
Top related locs:
Mentok Indonesian Bangka Myanmar London Shanghai Wa China
Top related orgs:
PT Timah - 1 REUTERS - 1 London Metal Exchange - 1 Shanghai Futures Exchange - 1 SIA - 1 Semiconductor - 1 Semiconductor Industry Association - 1 International Tin Association - 1

Search resuls for: "Bangka"


4 mentions found


☆ High tin stocks reflect weak consumer electronics sector
  + stars: | 2023-09-20 | by ( Andy Home | Thomson Reuters | Senior Metals Columnist Who Previously Covered Industrial Metals Markets For Metals Week | ) www.reuters.com   time to read: +6 min
REUTERS/Beawiharta Acquire Licensing RightsLONDON, Sept 20 (Reuters) - London Metal Exchange (LME) stocks of tin have grown steadily over the summer months and have reached levels last seen in April 2020. Around half of the tin produced every year is used as a soldering material on circuit boards, linking usage to the fortunes of the consumer electronics sector. Global semiconductor sales from SIABOOM AND BUSTTin's fortunes are closely tied to the consumer electronics sector, which has experienced a remarkable boom-and-bust cycle over the last three years. That translated into a boom year for tin demand, usage growing by 7.6%, led by a 12.2% rise in the soldering sector, according to the International Tin Association. However, global semiconductor sales have registered small month-on-month increases since April and the year-on-year gap narrowed to 11.8% in July, according to the SIA.
Persons: Lockdowns, Boom, Barbara Lewis Organizations: PT Timah, REUTERS, London Metal Exchange, Shanghai Futures Exchange, SIA, Semiconductor, Semiconductor Industry Association, International Tin Association, World Semiconductor Trade Statistics, Wa State, Reuters, Thomson Locations: Mentok, Indonesian, Bangka, Myanmar, London, Shanghai, Wa, China
☆ The High Seas Treaty, Explained
  + stars: | 2023-03-30 | by ( Haphazard Authority On Ocean Resources | ) www.reuters.com   time to read: +12 min
Global News Changing Tides The first international agreement to protect the world's oceans aims to create “international parks” in the high seas. The high seas represent 95% of the world’s total habitat by volume, but the nautical world remains largely unexplored. “A sentiment we often encountered was that there’s not much in terms of biodiversity out there in the high seas,” he said. MPAs that already exist mostly occupy exclusive economic zones and only make up about 3% of the high seas. A 2016 Pew study on mapping governance in the high seas showed 19 governing bodies with a high seas mandate.
☆ Tin mining is ​big business in ​Indonesia​. Here's why miners risk their lives for $13 a day.
  + stars: | 2023-03-20 | by ( Ryan Flynn | Olivia Nemec | ) www.businessinsider.com   time to read: 1 min
Indonesia is the world's biggest exporter of tin, and more than 90% of the country's supply comes from the islands of Bangka and Belitung. But the deposits on land are almost gone, so unlicensed miners risk their lives to search for the precious metal on the seafloor. Makeshift pontoons gather in the Indonesia Sea to form an illegal tin mine. Ibnu Hadi RachmatSource: The Guardian
☆ Inside the floating tin mines that host one of the most dangerous jobs
  + stars: | 2022-09-27 | by ( Olivia Nemec | Robin Lindsay | ) www.businessinsider.com   time to read: 1 min
On Bangka Island, Indonesia, hundreds of miners risk their lives daily to dig for tin on the ocean floor. The miners make $13 a day, and they say the job is their best option for feeding their families. Tin is used to make canned goods, paint, phones, and even fuel. Loading Something is loading. But today, the land supply is almost gone, so miners have moved to the sea, risking their lives to extract the ore 65 feet underwater.
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