The chances of a rising tin price
(PresseBox) - The energy transition is causing an upturn in the mining sector. Tin is one of the metals in demand.
Tin has been around for thousands of years, it has unusual chemical properties, is associated with curious stories and today it is an indispensable component in electric vehicles, photovoltaic cells and solar modules. It is a raw material that the future needs, and the trend is rising. Experts assume that it will become increasingly scarce. The metal is used in superconducting alloys in electromagnets and, in combination with indium, forms the transparent oxide ITO. This has metallic properties and is used in the construction of light-emitting diodes, touchscreens and solar cells. And tin compounds can reduce frictional resistance in car tires. Tin not only forms cations, but also unusual anions. In the periodic table, tin is on the borderline between non-metals and metals.
During the Thirty Years' War, tin was in short supply - as it probably will be again in the future - and it was alloyed with lead at that time. In any case, the price of tin has risen almost constantly over the past ten years. As the gradual increase in the value of the metal will continue in the coming decades, according to experts, tin investments should have a good environment. The largest consumers of tin include China, the USA, Japan and Germany. As inflation eases, global consumption of semiconductors should also increase, which will boost demand for tin and therefore also the tin price. Tin companies such as Tin One or First Tin should therefore become more valuable.
First Tin - https://www.commodity-tv.com/ondemand/companies/profil/first-tin-ltd/ - has high-quality and advanced tin projects in Germany and Australia.
Tin One's - https://www.commodity-tv.com/ondemand/companies/profil/tinone-resources-inc/ - tin projects are located in Tasmania and in Australia, New South Wales.
Current company 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: 20.11.2023 - 09:37 Uhr
Sprache: Deutsch
News-ID 694964
Anzahl Zeichen: 4002
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
Diese Pressemitteilung wurde bisher 162 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"The chances of a rising tin price"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
