Herisau, 20.11.2023 (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/ -).
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