Our Business

PT TIMAH is a producer of metal tin with high standards and quality.

Business Prospect

Various international institutions, including the International Monetary Fund (IMF) and the World Bank (WB), have stated that the global economic outlook for 2025 faces complex challenges. Some of the main contributing factors include the ongoing impact of global geopolitical conflicts, protectionism, climate change, and debt pressures in developing countries.

The IMF projects global economic growth in 2025 to be around 3.2%, primarily supported by the economic recovery in developing countries and increasing investment in green technology sectors. This signals a positive outlook for the demand for strategic metals, particularly in supporting the production of electronic devices, electric vehicles, and renewable energy components.

According to the World Bank, tin prices are expected to rise in 2025, driven by growing demand for semiconductors, photovoltaic panels, and other energy transition technologies. Global tin demand is projected to reach 405 kilotons in 2025 and grow at a CAGR of 3.4% to reach 496 kilotons by 2030. Interest rate cuts in the European Union and the United States may stimulate investment, though downside risks remain. Key uncertainties faced by the market in 2025 can affect
sentiment, potentially leading to future price volatility.

Domestically, the government’s mineral downstreaming policy presents a major opportunity to increase product value-added and strengthen the industry’s position in the global supply chain. This downstreaming program is also expected to generate a multiplier effect on the national economy by strengthening the industrial sector and creating jobs. The Company projects that its business prospects in 2025 will be more favorable than the previous year, driven by several key sectors. The downstream development of tin products is a top priority, including the advancement of value-added products.