Tin - a super metal
(PresseBox) -
The future needs tin, in solders, printed circuit boards it is an indispensable component.
The applications of tin are many and varied. Food cans are coated with it, it is a component of important alloys, and it serves as corrosion protection for other metals. Construction and transportation materials also often contain tin, as do ceramics, glass and sensors. Tin soldiers, once often represented in children's rooms, are no longer made of tin because it would be too expensive. Today, about 35 percent of tin is used for solders. About 30 percent goes into the production of tinplate and the rest is processed in the chemical industry. Even superconducting magnets contain the metal. Tin is so significant because it is used for solder, and the electronics sector uses it to connect components. Around 50 percent of the tin processed in Germany is found in solder.
China produces the most tin, other important countries of origin are Indonesia, Peru, Bolivia, Brazil and Myanmar. China is also the largest consumer of tin, followed by the USA, Japan, Germany, the rest of Europe and Korea. And reserves of tin don't seem to last forever. Some experts call tin the commodity with the lowest reserves. Whether the reserves will last another eight or 16 years or even longer, tin is in any case an interesting raw material for investors due to its use, because a rising price is forecast for the metal due to the increasing demand for tin.
One tin company, namely First Tin - https://www.commodity-tv.com/ondemand/companies/profil/first-tin-ltd/ - is in the tin business in the Ore Mountains in Germany and in Australia.
Tin One - https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ - also has a high-quality portfolio of projects (tin, tungsten and lithium) in the Tier 1 mining regions of Tasmania and New South Wales, Australia.
Current 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: 26.10.2023 - 17:41 Uhr
Sprache: Deutsch
News-ID 693434
Anzahl Zeichen: 4081
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"Tin - a super metal"
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