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Corporate Profile<br />

Malaysia Smelting Corporation Bhd (“MSC”) Group is<br />

currently one of the world’s leading integrated producers<br />

of tin metal and tin based products and a global leader in<br />

custom tin smelting since 1887. In 2011, the Group produced<br />

approximately 46,599 tonnes of tin metal thus sustaining its<br />

global position as the second largest supplier of tin metal.<br />

The Group’s turnover in 2011 was RM3.1 billion. MSC is listed<br />

both on the Main Market of Bursa Malaysia since 15 December<br />

1994 and the Main Board of Singapore Exchange (SGX-ST)<br />

4<br />

Building on Success: Developing Resources for the Future<br />

since 27 January 2011, and is a 54.84% subsidiary of The Straits<br />

Trading Company Limited of Singapore.<br />

The core business sectors of MSC are:<br />

• International Smelting & Marketing<br />

• Exploration, Mining & Mineral Processing<br />

InteRnatIonal SmeltIng<br />

The first smelting facility was established in Singapore in 1887<br />

and the second facility was built in Butterworth in 1902. Both<br />

facilities ran concurrently for many years until the closure of<br />

the Singapore unit while the Butterworth unit was rebuilt and<br />

restarted in 1955 after it was heavily damaged during the<br />

Second World War. In 2002 the Company acquired PT Koba<br />

Tin in Indonesia and increased its reverberatory furnaces to<br />

four with an expanded smelting capacity of 25,000 tonnes per<br />

annum. Together with the Butterworth facility, the Division now<br />

has an overall smelting capacity of about 60,000 tonnes in two<br />

countries.<br />

In the mid 90’s the Group started a tin marketing and trading<br />

arm under the Smelting Division. The downstream unit provides<br />

the Group with hedging, pricing and marketing linkages to the<br />

KLTM/LME markets as well as the end-user markets worldwide.<br />

The division produced a total of 46,599 tonnes refined tin in<br />

2011 representing almost 13% of the world production.<br />

The range of refined tin products currently produced is as<br />

follows:-<br />

• Grade A with minimum 99.85% Sn<br />

• 99.9% Sn minimum<br />

• 99.9% Sn minimum with 50 ppm and 100 ppm maximum Pb<br />

• Tin anodes<br />

• Electrolytic tin with 99.99% Sn minimum<br />

The Malaysian (MSC Straits Refined Tin) and Indonesian (Koba)<br />

tin brands are LME/KLTM registered.

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