【环球财经】印尼总统加大打击非法锡矿开采和走私力度

Core Insights - The Indonesian government, led by President Prabowo Subianto, is intensifying enforcement and regulatory measures against illegal tin mining and smuggling activities, which have caused significant economic losses to the country [1] - Over the past 20 years, illegal tin mining and smuggling have resulted in annual losses of up to 40 trillion Indonesian Rupiah (approximately 2.4 billion USD), with cumulative losses potentially reaching 800 trillion Indonesian Rupiah (around 48.2 billion USD) [1] - The government has recently transferred confiscated assets from illegal mining cases to the state-owned tin mining company PT Timah Tbk, which includes six smelting plants, approximately 680 tons of refined tin, and 108 heavy equipment units [1] - The operational restoration of these facilities is expected to generate an annual potential revenue of about 46 trillion Indonesian Rupiah (approximately 3 million USD) for the country [1] - Following the government's crackdown, including the closure of 1,000 illegal tin mines in Bangka-Belitung province, tin prices on the London Metal Exchange (LME) rose, reaching a near six-month high in early October [1] - On October 20, the main tin contract on the Shanghai Futures Exchange closed at 279,340 Yuan per ton, a decrease of 0.50% from the previous trading day [1]