Tin, the - for many still - unknown metal
(PresseBox) - .
Tin may not be as glamorous as gold, silver or platinum, but it can be capable of lucrative price movements.
The outlook for tin is robust due to its function as a key component of technological development. It has been recognized for some years that the most likely beneficiaries of technological progress will be many metals, but above all lithium, cobalt and tin. Currently, a ton of tin costs just under $25,000. Similar to many other commodities, the price rose during the pandemic period and then was at a peak after the Russian invasion. Caused by supply chain issues and China's strict covid restrictions, the price then dropped. So, as with other commodities, there are ups and downs in price. However, the decisive factor is the medium- to long-term forecast. And here tin scores with very good prospects, which can also be seen in the share price development of some tin companies.
Tin is around 25 times rarer than copper and seven times rarer than lead in the earth's crust. And many deposits that have not yet been developed are located in less desirable jurisdictions, such as Burma or China. Track records in tin mining can be found in Indonesia and other South American countries. Countries such as Malaysia, Laos and Nigeria also play a role. As tin is increasingly becoming a strategic metal, investors should look at the related companies. Tin even exists in this country.
First Tin - https://www.commodity-tv.com/ondemand/companies/profil/first-tin-ltd/ -, well financed, owns the advanced Tellerhäuser tin project in a Saxon tin district. Another tin project is located in Australia. Like Tellerhäuser, it has the best infrastructure and great exploration potential.
Also in Australia (Tasmania, New South Wales), Tin One Resources - https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ - is working on two promising tin projects.
Corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Unternehmensinformation / Kurzprofil:
Datum: 17.04.2023 - 07:53 Uhr
Sprache: Deutsch
News-ID 681642
Anzahl Zeichen: 4004
contact information:
Contact person: Jörg Schulte
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Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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