Yunnan Tin expects slimmer loss in 3d qtr.

Oct 14, 2013 | 11:33 AM |

Tags  Yunnan Tin, tin prices, Lei Yi, LME, Longdon Metal Exchange, quarterly results

SHANGHAI — China’s Yunnan Tin Co. Ltd. expects to narrow its losses in the third quarter, with tin prices rising sharply due to restrictions on supply from Indonesia, the company said.

The company’s net loss for the nine months ended Sept. 31 is expected to land between 980 million yuan and 1,010 million yuan ($160 million to $165 million). This implies a net loss of between 15 million yuan and 45....

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