TINS Disburses IDR 37 Billion Optimizing Tin Reserve Exploration

Illustration (Photo: Doc Antara)

JAKARTA - PT Timah Tbk (TINS) during August 2024 disbursed IDR 37 billion to optimize the management of tin ore resources and reserves on land and sea, in order to meet global market needs.

"This exploration is not only to find new reserves, but also an important part of the company's sustainability strategy," said Head of Corporate Communications Division of PT Timah Tbk Anggi Siahaan as reported by ANTARA, Friday, September 13.

He said PT Timah's exploration activities in the sea were in the form of exploration drilling and mining guidance with five units of drilling vessels.

"Eploratory activities on land include land primary exploration drilling activities and topographical surveys," he said.

He stated that exploration is a strategic step to maintain the sustainability of the mining industry. However, this is not only a matter of expanding production, but also about maintaining a balance between the use of natural resources and environmental conservation.

"PT Timah also continues to strive to improve exploration, mining and processing technology as an effort to maintain the company's sustainability," he said.

According to him, the optimal management of tin mineral reserves and adhering to the principles of sustainable mining is one way for PT Timah to exist as a world lead producer.

"As a mining company that represents the state, PT Timah Tbk carries out integrated mining by implementing Good Mining Practices," he said.

He ensured that tin ore exploration activities produced came from the IUP of PT Timah Tbk," said Anggi.