Our History

A site was purchased in Butterworth and the smelting works officially began operations in 1902.

The Butterworth Smelting Works started up after war with 3 large furnaces.

Incorporation of Malaysia Smelting Corporation Berhad for the purpose of taking over STC's tin smelting business.

MSC takes over STC's smelting business as a joint venture between STC and MMC with equity interest of 58% and 42% respectively.

MSC successfully listed on the Main Board of the Kuala Lumpur Stock Exchange with a paid up capital of RM 75 million. STC and MMC interest reduced to 37.45% and 37.44%.

MSC achieved the distinction of being the first tin smelter in the world to be accredited to ISO 9002.

MSC won Product Excellence Award from the Ministry of Domestic Trade and Industry of Malaysia for MSC high purity 4 Nines tin.

MSC acquired 40% equity in Redring Solder Sdn. Bhd., a downstream solder (tin based alloy widely used for joining and semi conductor applications in the electrical and electronic industries.

Acquisition of PT Koba, an upstream tin mining operation in Indonesia

Entry into Australia through the acquisition of 30% interest in Marlborough Resources NL (now known as Australia Oriental Minerals NL).

Incorporation of a wholly owned subsidiary, PT MSC (I), to undertake major exploratory works in Indonesia.

Acquistion of a 100% interest in Rahman Hydraulic Tin Sdn. Bhd., the largest and one of the oldest tin mine in Malaysia.

MSC becomes a subsidiary of The Straits Trading Company Limited (STC) as a result of an unconditional take-over offer by Straits Trading Amalgamated Resources Sdn Bhd ("STAR (M)"), a wholly owned subsidiary of STC.

The group adopted diversification strategy and made strategic investments in nickel, gold and coal. Among the successful investments made in 2007 include Asian Mineral Resources Limited which owns the Ban Phuc nickel project in Vietnam and Beaconsfield NL which owns operates an underground gold mine in Tasmania.

The Group made further strategic investments in a polymetallic mine (Rapu Rapu) in Philippines and subsequently in Asiatic Coal Private Limited, which owned a coal concession in Indonesia.

As a result of global economic crisis and financial meltdown which hampered the Company’s intent of raising fund via rights issue, the Group decided to reposition itself to focus on its original core business of tin and strengthen its global niche to achieve a sustainable long term growth in earnings in the tin sector and initiated divestment of the Group's non-tin investments and asset to be implemented over a period of three years.

Secondary listing on the main board of Singapore Exchange (SGX-ST) with an issuance of 25 million new ordinary shares.

Entered into a Confidentiality Agreement with the Ministry of Mines of the DR Congo for possible joint venture cooperation in exploration and development of tin and related mineral resources in DR Congo.

Acquired a 40% interest in Africa Smelter Corporation Sprl, a company incorporated in DR Congo to own and operate a tin smelting facility in Lubumbashi, Katanga with a capacity of 3,500 tonnes per annum.

The State Government of Perak extended RHT mining leases until September 2030.

Ceased mining in Indonesia following the non-renewal of the Contract of Work of PT Koba Tin.

Rahman Hydraulic Tin acquired a 80% interest in SL Tin Sdn. Bhd, a company that holds a mining lease over an area of 267.3 ha. In Sungai Lembing, Hulu Kuantan for a period of 15 years.

Butterworth smelter added the 6th fuel fired reverberatory furnace at the plant and expanded overall smelting capacity by 15%.

Divested two mining subsidiaries in Indonesia by disposing 100% equity interest in Bemban Corporation Limited, the penultimate holding company of PT Koba Tin and 100% equity interest in PT MSC Indonesia.

Acquisition of 100% interest in M Smelt (C) Sdn Bhd

M Smelt (C) Sdn. Bhd. acquired three parcels of industrial land, plant and machinery inclusive of a production facility in Pulau Indah, Klang, with the acquisition cost of RM50.0 million. The Company aim to retrofit the plant to be one of the most modern tin smelters in the region equipped with a modern Top Submerged Lance (TSL).

The new TSL furnace will enable the Company to have an even more comprehensive and efficient smelting process and may also expanded to handle a larger volume of feed materials using oxygen enrichment. Furthermore, the property is situated in an attractive location, which is at a mature industrial area with excellent connectivity to Westport and London Metal Exchange warehouses.