Timah Set Capex of IDR2.6Trn in 2018

Timah, Tbk (TINS:IJ) has determined the allocation of capital expenditure (capex) for next year. Capex will be focused on investments in the field of mining, both land or sea mines, and investing activity for foundries or smelters. Company ensured the production will be greater than the targets this year of 35,000 tons. The increase in production not only obtained from own production, but also comes from the partners of the existing mine. This combination will make the cost of goods production more efficient.To subscribe please click here