Straits Trading Business Segments Overview
1
STRAITS TRADING BUSINESS SEGMENTS OVERVIEW
MSC
RESOURCES
MSC
Malaysia Smelting Corporation Berhad
MSC Group
Continued to be profitable in 1HFY21 despite disruptions arising from
COVID-19
Tin mining net profit up 5-fold to RM36.2 million in 1HFY21 (1HFY20: RM6.6
million), while tin smelting reported a lower net loss of RM2.8 million
(1HFY20: RM19.9 million)
Well positioned to capitalise on strong tin price fueled by rising demand for
tin solder in consumer electronics
Key Developments
Tin Mining
Market Fundamentals
•
The tin market is entering a growth period supported by applications
in new technologies and MSC provides direct exposure to the growing
tin demand
Metals Most Impacted by New
Technologies
Tin
Lithium
Cobalt
Tin Smelting
Silver
Undertaking ongoing initiatives to raise
mining productivity
Pulau Indah smelter on track to be fully
commissioned by early 2022
Nickel
New initiatives have raised
daily mining output to 11
tonnes/day in 1H21 from
9.5 tonnes/day in 2020
Explore new deposits and JV
mining arrangements
Outdated Butterworth Smelter
New Port Klang Smelter
TS FURNACE
One-stop
integrated process.
running on Top
Submerged Lance
Improve
production
yield and
capacity
Gold
Tungsten
ISASMELT
Smaller
carbon
Vanadium
footprint
Graphite
Electric Vehicles
•
Renewables
Electric Vehicles
Robotics
Renewables
■■Oil & Gas
■Energy Storage
IT
Other
The main
focus for tin is
in the positive
anode
electrode of
lithium-ion
batteries
The EV
market is
projected to
reach 27.0
million units
by 2030, at a
CAGR of
21.1%
Advanced
Robotics
The global
market for
robotics is
expected to
grow at a
CAGR of
c.26%,
reaching
US$210bn by
2025
Renewables
will have the
fastest
growth in the
electricity
sector,
providing
c.30% of
power
demand in
2023, up from
24% in 2017
STRAITS
TRADING
ESTABLISHED 1887
A MEMBER OF THE TECITY GROUP
Highlight 1
Diversification
Highlight 2
Growth
Highlight 3
Value Creation
Highlight 4
Financials
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