Uranium and tin

Commodity prices are high, so perhaps the Ore Mountains are once again coming into the focus of commodity companies. Located in the Czech Republic and Germany, the first silver was found in the Ore Mountains around the year 1168. A massive mining industry was the result. In 1491, a rich vein of ore was discovered and thus tin mining was the main activity in the eastern Ore Mountains. The silver discoveries later decreased and silver mining lost its importance at the end of the 19th century. This was not least because the currency in the German Reich was changed from silver to gold. When the Second World War ended, Russian occupation forces discovered uranium. Uranium was then mined for decades. With reunification, this also came to an end. The last tin was mined in the Ore Mountains in 1991.

Tin is a metal in demand today. Climate change, the electrical sector and many technological components need tin. There is expected to be a tin deficit from 2030 at the latest. The situation is similar with uranium, which is once again in demand. At this time, when energy shortages are looming and sufficient energy supply has come into focus, uranium is experiencing a new era. Many prices are rising because manufacturers often need energy-intensive production for their goods. In addition, there is a risk that Russia will turn off the gas tap altogether. Climate change and the reduction of CO2 emissions are issues that will help shape the future. So, investing in companies that care about the future supply of tin and also uranium should not be a bad idea.

Tin One is handling the development of the Syrymbet tin deposit in Kazakhstan. The plan is to build a mine and processing plant based on a feasibility study.

Uranium Energy – https://www.youtube.com/watch?v=470uITYna_E – is a very fast growing pure-play uranium company. The company is advancing environmentally friendly and low-cost uranium projects in the USA.

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