If you travel back to the 1980s, the tin price crashed at that time. For decades, almost no one looked for new tin deposits. Tin had gone out of fashion. And so today, the existence of tin deposits is often unknown. Yet tin is in demand in the environmental and energy sectors. The metal is used in electric cars, energy storage devices and many computers. Tin is also used in the generation of solar energy. These are all areas that are accompanied by increasing demand. Global tin production, including recycled tin, currently just about covers demand. There could be a deficit in the coming years. So tin should enjoy increasing popularity, as well as, from an investor’s point of view, the companies that look after tin deposits. For example, First Tin – https://youtu.be/H3sL_BuWsq4 -. The company owns two advanced tin projects in Australia and in Germany (Saxony), and production could start in a few years, probably by 2025. Tin One Resources is also committed to tin as a raw material. Well financed, Tin One Resources – https://youtu.be/JJHDhi8677c – is developing advanced projects in Tasmania and in New South Wales. The company owns 100 percent of the three tin projects.
Current corporate information and press releases from First Tin (https://www.resource-capital.ch/de/unternehmen/first-tin-plc/).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
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