Nilai Perusahaan
Integrity
Excellence
Sustainability
Collaboration
Company Profile
PT Mitra Stania Prima is a tin processing and smelting company that supports the advancement of Indonesia’s downstream mineral industry.
The Company operates by prioritizing technological standards, production efficiency, and responsible business practices.
Mining Operations
In addition to its processing and smelting activities, PT Mitra Stania Prima also holds Mining Business Licenses (IUP) for tin mining operations in Indonesia.
Through its mining activities, MSP ensures that mineral resources are managed responsibly and in compliance with applicable regulations. The Company applies responsible mining practices while maintaining environmental stewardship and supporting the sustainability of the national tin industry.
These mining operations strengthen MSP’s role in supporting the traceability and integrity of Indonesia’s tin supply chain, from responsible extraction to downstream processing.
Vision
Responsibly providing the resources the world needs in the 21st century.
Mission
To implement tin mining and processing management properly.
To shape competent human resources with high integrity, that upholds professionalism in carrying out their work.
To optimize company value, contributions to shareholders, and social responsibility to the country, society and the environment.
Company Milestone
The technological know-how behind MSP is the result of more than two decades of experience. These are our stories and legacies, from which we pledge to keep our commitment in providing the best:
1995
Established as CV Mitra Stania Prima in 1995, operated as a sub-contractor for PT Timah Tbk and perform small scale mining activities and deliver the mined tin ore to their smelter in Mentok.
2001
Reorganized as PT Mitra Stania Prima (MSP) and was awarded with 6 tin mining concessions in Bangka Island in 2001.
2003
Built a two-furnaces smelter in the industrial complex outside the city of Sungailiat, Bangka Island.
2004
Formed a Joint Venture Agreement with the Malaysian Smelting Corporation (MSC) to conduct exploration activities on the MSP mining concessions site and to operate the smelter.
2007
MSC commissioned Reinhard (Australia) to study the results of the exploration project and issued a certified report.
2008
Received JORC Compliant Statement of Resources as follow:
- IUP Mapur – 3.170 ton
- IUP Kepoh – 2.954 ton
- IUP Bemban – 4.511 ton
2004 - 2010
The Joint Venture between MSP and MSC embraces other tin concessions operator that has no smelters facility. Purchased the tin ore, smelted them and exported the tin ingots under the MSP Brand to the international market.
2011
In 2011, Arsari Tambang purchased 80% of the outstanding shares of MSP. Since there haven’t been any mining activity, MSP purchased the tin ore material, continue with the smelting process and trade it under the MSP brand.
2012
MSP started mining activity and signed contract with PT Hero Krida Utama (HKU) to begin overburden removal of the waste material covering the Mapur tin ore reserves (between 14-18 meters in depth). During this year, MSP is the first seller of physical tin at ICDX.
2013
August 2013 see the completion of construction of a 40-cell field washing plant capable of processing 100.000 m3 cumulative tin ore per month. The production of tin ore from Mapur concession site begins in October.
2014
MicroMine issued the JORC Compliant Statement of Economic Mineable Reserves on the Mapur tin concession based on updated drilling results and also on the Kepoh and Bemban tin concessions site. The results were:
- Mapur – 5.747 tonnes Sn of mineable, economic, confirmed, reserves (ingot sales)
- Kepoh – 4.967 tonnes of tin ore (Sn) resources
- Bemban – 5.910 tonnes of tin ore (Sn) resources
2015
Additional 20-cell field washing plant is constructed to increase the capability of processing up to 150.000 m3 cumulative tin ore per month.
2019
Arsari Tambang appointed new management team to rebuild, restructure and reshape MSP operations in 2019. This year there is a new regulation which restricted only one IUP per company, so the two additional tin concessions in Kepoh and Bemban were moved to other company within the Arsari Group.
2020
The company has achieved a record production of 3,299 tons, the largest in the history of MSP.
2021
The company’s net sales in 2021 has increased by 74 percent as compared to last year due to an increase in the global tin commodity prices.
Part of Arsari Tambang
As part of Arsari Tambang, MSP contributes to the development of Indonesia’s mineral industry through responsible and sustainable resource processing.
