Electronics devour raw materials
Lithium is the energy storage metal that is also found in electric vehicles, practically all energy storage devices and many other portable devices. China is a robust market for electronic products due to low labor costs and the country’s own guidelines. The tin market is forecast to grow at an annual rate of 2.59%. According to forecasts by Mordor Intelligence, rising demand from the electric vehicle market and growing applications in the electrical and electronics industry will continue to drive demand for tin in the medium term. When it comes to recycling tin, the often small quantities of tin in electronic devices hinder effective recycling. As electrification progresses and wind and solar energy continue to expand, raw materials such as tin and lithium will remain in demand.
TinOne Resources – https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ – is one of the most promising candidates for tin. Its tin/tungsten and lithium projects are located in Tasmania and New South Wales, Australia.
Targa Exploration – https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ – owns gold and lithium projects in the provinces of Quebec, Ontario, Manitoba and Saskatchewan, totaling 15 projects. There is also a gold-silver project in the Yukon. The fully funded exploration program on the Opinaca gold and lithium project in Quebec has started.
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