MSP Tin Sales Rose Up to 74 Percent in 2021

PT Mitra Stania Prima (MSP) the company under Arsari Tambang, recorded 3,093 tons of metal tin production throughout 2021. Chief Executive Officer (CEO) of Arsari Tambang Aryo Djojohadikusumo said, the company's net sales in 2021 increased as the price of the commodity rose.

"The net sales increase by 74 percent compared to last year due to increase world tin commodity prices," said Aryo in Jakarta, Thursday (1/11/2022).

According to him, the company's tin metal sales are conducted on the tin exchange at the Jakarta Future Exchange with export objectives dominated by Europe, United States and Asian.

Aryo said, mining activities were carried out in Mapur Block, Cit Village of Bangka Regency and Kepuh Block & Penyak Block in Central Bangka Regency.

"MSP exploration activities in 2021 in an area of 234 hectares and have drilled 27,774 meters at 979 points," said Aryo.

Arsari Tambang has several mining subsidiaries, including PT. Mitra Stania Prima, PT. Mitra Stania Kemingking and PT. Mitra Stania Bemban specialized in tin sector located in the Province of Bangka Belitung Islands.

PT. Mitra Stania Prima (MSP) is an integrated tin company operating in Bangka, Indonesia. MSP activities include exploration, exploitation, mining, processing, smelting, refining, selling and exporting tin.

Furthermore, as a citizen of Bangka community, MSP also involved in community development programs. PT MSP is parent of PT. Mitra Stania Kemingking (MSK) and PT. Mitra Stania Bemban (MSB).