Tin is an industrial and high-tech metal
Caused by new fields of application, the demand for the metal will increase. Tin serves as the solder that connects all electronic products. At the same time, it is an essential element of the green turn. Whether electric vehicles, automation applications or solar panels, they all need tin. Solar panels are the main element of any photovoltaic system. This is where solar energy is converted into electrical energy. According to the International Tin Association, just under 370,000 metric tons of tin were consumed by the industry in 2020, rising to a good 420,000 metric tons in 2025 and nearly 500,000 metric tons in 2030. Annual growth rates of between three and seven percent are forecast for tin demand. This is because underlying technologies and green infrastructure solutions are driving demand. Industries such as the solar sector, 5G technology, electromobility (vehicles and charging stations) and the Internet of Things are growth sectors.
Most tin comes from China, followed by Indonesia, South America, Myanmar and Africa. Tin prices have not yet met the growth in demand. As a result, not too much investment has been made in the tin sector. In addition, many tin projects are located in less mining-friendly and rather uncertain countries.
It’s different for Tin One Resources, for example, because its advanced projects are located in Tasmania and mainland Australia. The Great Pyramid Tin Project and the Aberfoyle Tin Project are the flagship projects and they are located in historic tin mining regions.
Also in Australia (Taronga) and also looking for tin in Germany is First Tin – https://www.youtube.com/watch?v=0UQ75RKh1zY -. The plate house project in Saxony is a former East German mine with very good conditions.
Corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
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