Jakarta. State-controlled tin producer Timah has suspended its Operations and Production Director Nur Adi Kuncoro, just days before the company’s Extraordinary General Meeting of Shareholders (RUPS) scheduled for Wednesday, October 29.

The suspension, effective Monday, was made under Article 11 Paragraph 27 of the company’s Articles of Association, which allows the board of commissioners to temporarily dismiss any director at any time.

“The company hereby announces the temporary dismissal of Nur Adi Kuncoro from his position as Director of Operations and Production,” Timah Corporate Secretary Rendi Kurniawan said in an official statement to the Indonesia Stock Exchange (IDX) on Thursday.

Rendi explained that the decision was made due to “urgent reasons” but stressed that the move would not affect the company’s operations, finances, or business continuity.

Following the decision, President Director Restu Widiyantoro will concurrently serve as acting Operations and Production Director until a new appointment is made at the upcoming RUPS.

The meeting, to be held at Hotel Borobudur Jakarta, was requested by the acting State-Owned Enterprises Minister through a letter dated Sept. 30, 2025, directing Timah to convene the shareholders’ meeting to approve management changes.

Production Targets and Expansion Plans
Despite the management shake-up, Timah remains focused on ramping up output in the last quarter of 2025.

Finance and Risk Management Director Fina Eliani said the company aims to produce 21,545 tons of refined tin this year, in line with its 2025 company’s work plan and budget (RKAP), with total planned output capacity reaching 30,000 tons.

As of September, Timah had produced around 12,197 tons and is accelerating operations between October and December, including opening new onshore mining sites and expanding its suction dredger fleet for offshore mining.

According to company disclosures, new mining areas will be developed in Beriga (4,000 tons of potential tin resources), Rias (2,297 tons), and Laut Oliver (38,900 tons).

“With strong government support in curbing illegal mining, we expect to see a significant boost in production during the last three months of this year,” Fina said during a public presentation on Wednesday.

Crackdown on Illegal Mining
President Prabowo Subianto recently revealed that Indonesia has lost around 80 percent of its total tin output to illegal mining and cross-border smuggling.

Over the past year, the government has shut down 1,000 illegal tin mines in the Bangka Belitung Islands to recover state assets, reduce smuggling, and strengthen revenue from legal mining operations.