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PT Timah Tbk (IDX: TINS) is Indonesia's state-owned (MIND ID group) integrated tin miner — exploration, onshore and offshore dredging (Bangka and Belitung islands, plus Kundur Island in the Riau Islands), smelting via TSL Ausmelt furnaces, and marketing of refined tin metal, solder, and tin chemicals.
Group exposure score is 77 including 1 tracked subsidiary — standalone is 70.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 2 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Laporan Tahunan 2025, consolidated FS revenue note: 'Details of customers with revenue transactions that represent more than 10% of the total consolidated revenue are as follows: 2025 MIND ID Trading Limited 5.832.900; 2024 4.539.912' (Rp million) against total revenue Rp 11,552,733m (2025) / Rp 10,856,422m (2024), of which export sales Rp 10,346,545m (2025). Related-party note lists 'MIND ID Trading Limited | under common control | sale and purchase of tin ingots'; management report: Timah 'collaborates with MIND ID Trading as an affiliated (sister) company to support tin metal sales in Asia'. Trading intermediary of state holding MIND ID, so the end-buyer country is not disclosed.
US import BoL EGLV070400348146 (Evergreen, EVER MAX 1289E): Shipper 'Pt. Timah Tbk', Pangkalpinang, Bangka; Consignee 'To Order Of Indometal (London) Ltd', 326A City Rd, London; Shipment Origin Indonesia, place of receipt Singapore, lading Kaohsiung, unlading Baltimore MD; 25,025 kg, 25 bundles, HTS 8001.10.00.00 (unwrought tin, not alloyed). ImportGenius lists further Timah 'TIN INGOTS IN BUNDLE BANKA FOUR NINE' BoLs into Baltimore 2025-01-27 (consignee Indometal London, 50,050 kg) through 2026-05-03 (consignee masked). Tin smelted at Muntok (Bangka), ID. Indometal London is Timah's UK marketing arm, so the US end-user is not named; the BoL pins the route.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Another tracked dossier names this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 1008 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
PT Timah's FY2025 annual report names MIND ID Trading Limited (matches MIND ID Trading Pte. Ltd.) as a related-party customer buying tin ingots 'to support tin metal sales in Asia': Rp 5,832,900m of Rp 11,552,733m revenue (approx 50.5%), up from Rp 4,539,912m in FY2024.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 3 of its 3 materials — a restriction on those is a tailwind, not a headwind.
Dossier discloses a neodymium exposure with no Dy/Tb/Sm tag and a sector where doping is not the rule — whether this company's magnets are Dy/Tb-doped is not on record. Resolved by a disclosed magnet grade, or a named magnet supplier in named_counterparties.
A61's suspension (Announcement 70) lapses 10 Nov 2026 — on the plain text, controls revive automatically. The US DoD CN/RU/IR/KP sourcing bar follows 1 Jan 2027. See the underlying extraterritorial export-control action. We supply the provenance file; we never compute your ratio for you.
As a producer, policy pressure across its produced materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.