Energy turnaround drives demand for tin
(PresseBox) - The decarbonization and electrification of the earth will not succeed without tin.
Printed circuit boards need solder and printed circuit boards are part of the energy supply and electromobility and the demand for semiconductors is increasing. The reason for this is the new technologies, including the photovoltaic sector. Indeed, solder ribbons connect the solar modules. Currently, about 380,000 tons of tin are consumed annually. According to estimates, around 480,000 tons will be needed in 2030.
Historically, tin was first used in the production of bronze as an admixture to copper. Today, tin is also used in lithium-ion batteries, for example. Experts expect the entire semiconductor market to double in the coming years. According to the International Tin Association, demand for tin in the solar industry alone will double by 2030. In addition, tin is used in medicine or for tinning food cans. Flat screens and smartphone displays also cannot be manufactured without tin. There are only few tin deposits in Europe. A tin deficit in the future cannot be ruled out and already today the tin supply is at a critical level.
Almost all tin today comes from developing and emerging countries. The largest resources in Germany are in the Erzgebirge. Tin was mined there as early as the 13th century. The Altenberg and Pöhla deposits are well known. Currently, there are even exploratory drillings in the Ore Mountains.
In Saxony and Australia, for example, First Tin - https://www.youtube.com/watch?v=H3sL_BuWsq4 - has advanced tin projects. First Tin s Tellerhäuser tin project is likely to be a world-class project that the company intends to bring to production quickly.
In Tasmania and in New South Wales in Australia, Tin One Resources - https://www.youtube.com/watch?v=JJHDhi8677c - is looking after tin projects.
Current corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
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Datum: 29.08.2022 - 03:02 Uhr
Sprache: Deutsch
News-ID 666167
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