MSC eyes Asian partnership to reachnew industry frontiers
Malaysia Smelting Corp (MSC) has prospered in the tin industry by upholding a supply chain fundamental: consistency of high-quality supply regardless of market cycle. This is crucial in this highly volatile industry where price fluctuations and ever-changing regulations have global impact.
"When clients send materials to us, they are assured of the right price, accurate quality calls, and that they will get paid in full," says Chua Cheong Yong, CEO of MSC. "This is very important in the custom smelting industry where significant value tin materials are delivered for conversion at our plant. At the same time, we get paid by tin buyers prior to delivery of the tin metal. That speaks volumes about our credibility and reputation in the industry."
A technological frontrunner with seasoned experts, MSC operates Rahman Hydraulic Tin, the oldest and largest open-pit hard rock tin mine in Malaysia, and the world's biggest custom tin smelter in Butterworth, Penang.
With more than 100 years of smelting operations, MSC is globally renowned in the industry and is a preferred supplier among major tin users, which are buoyed by the booming electronics industry.
A board member of International Tin Research Institute, the organisation connecting tin producers and consumers globally, MSC takes the lead in sustainability by exploring new frontiers to stabilise the supply and pricing of tin.
Given its rich natural reserves, the Democratic Republic of Congo (DRC), where MSC has existing trading and smelting operations, offers such an opportunity.
Chua works closely with all DRC stakeholders to ensure a conflict-free environment and the development of a sustainable tin industry.
"We are actively engaged with Africa today, sourcing material responsibly and contributing to the overall development of the global tin market," Chua says.
MSC intends to provide long-term value through the cycles and sustain superior returns to shareholders. MSC will leverage on its global networking, especially with Asian partners, for future growth along the entire global tin supply chain.
http://www.msmelt.com
