PT TIMAH Tbk

Summary

PT Timah Tbk is one of the largest tin-producing companies globally, based in Pangkalpinang, Indonesia. The company operates in the Bangka Belitung and Riau Islands provinces, with a mission to become a leading, environmentally-friendly mining company. PT Timah produces high-quality tin for various industries like electronics, automotive, and household products. Its business extends through subsidiaries focused on mining, industrial development, healthcare, and property management. With a strong focus on sustainability, the company has received several accolades for its commitment to responsible mining practices and social responsibility.

Takeaways

• 😀 PT Timah Tbk is one of the largest tin-producing companies in the world, headquartered in Pangkalpinang, Indonesia.
• 😀 PT Timah's operations are located in the Bangka Belitung and Riau Islands provinces of Indonesia, with a strong commitment to environmental sustainability.
• 😀 The company aims to be a world-leading mining company with a focus on developing skilled and responsible human resources and good governance practices.
• 😀 Tin, a key product of PT Timah, has been used by humans for thousands of years and is crucial for industries such as smartphones, computers, and automotive.
• 😀 PT Timah has been publicly listed on the Indonesia Stock Exchange since 1995, with significant state ownership through PT Inalum.
• 😀 PT Timah produces high-quality tin and other by-products, with its products exported to markets in Japan, Korea, Taiwan, China, Singapore, and several European countries.
• 😀 PT Timah operates several subsidiaries, including companies in shipbuilding, healthcare, property management, and mineral investment.
• 😀 The company follows a four-pillar development strategy: strengthening tin mining operations, diversifying into non-tin mining, expanding downstream tin businesses, and optimizing strategic assets.
• 😀 PT Timah has been recognized for its commitment to good mining practices, winning awards such as the 2019 Green Proper award for environmental responsibility.
• 😀 The company actively engages in corporate social responsibility initiatives, including education, healthcare, and environmental preservation.

Q & A

What is PT Timah Tbk and where is it based?

PT Timah Tbk is one of the largest tin-producing companies in the world, based in Pangkalpinang, Bangka Belitung Province, Indonesia.

Which regions does PT Timah operate in?

PT Timah operates in the provinces of Bangka Belitung and Riau Islands in Indonesia.

What is the vision of PT Timah Tbk?

PT Timah Tbk's vision is to become a leading global mining company that is environmentally friendly.

What is the mission of PT Timah Tbk?

The mission of PT Timah Tbk is to build resilient, superior, and dignified human resources, implement good mining governance, optimize the company's value, and contribute to shareholders and social responsibilities.

What are the key applications of tin produced by PT Timah?

The tin produced by PT Timah is used in industries such as smartphones, computers, automotive, and household products.

When was PT Timah listed on the Indonesia Stock Exchange?

PT Timah was listed on the Indonesia Stock Exchange on November 29, 1995.

What significant event happened in 2017 involving PT Timah?

In 2017, PT Timah became part of the state-owned mining holding under PT Indonesia Asahan Aluminium (Inalum).

What are some of the main subsidiaries of PT Timah?

Some of PT Timah's subsidiaries include PT Timah Industri, PT Timah Investasi Mineral, PT Dok dan Perkapalan Air Kantung, PT Rumah Sakit Bakti Timah, PT Timah Karya Persada, and PT Timah Agro Manunggal.

How does PT Timah contribute to sustainability and corporate social responsibility?

PT Timah contributes to sustainability through programs in education, healthcare, social services, and environmental preservation, while also striving to develop its workforce with strong ethical practices.

What are the key areas of business for PT Timah Tbk?

PT Timah Tbk focuses on tin mining, downstream tin processing, shipbuilding, healthcare, property management, and investment diversification.