Tin - important then and now
(PresseBox) - Even though the tin price is volatile and has come down quite a bit in recent months, the metal still has the best prospects for the future.
The tradition of making figures (tin soldiers) or jewelry from pewter is more than 700 years old in Germany. It made the toy industry an important economic sector. Today, tin can be found in printed circuit boards, lithium-ion batteries and displays. Despite global volatile commodity markets, demand for tin is viewed positively by most, as the market fundamentals are in favor of the raw material. Even if demand concerns are currently weighing on the tin price. One of the world s largest tin producers from Indonesia has just announced that its production in the current year will be around 40 percent lower than originally expected. Indonesia is the second largest tin producing country. Most tin, around 30 percent, comes from China.
Most of the tin produced comes from soap deposits in coastal areas or along rivers. This from central China via Thailand to Indonesia. In Germany, tin is found in the Ore Mountains. Already in the 13th century the metal was extracted here. The towns of Geyer and Gottesberg are said to be home to the world s largest untapped tin deposit.
In Saxony, First Tin - https://www.youtube.com/watch?v=H3sL_BuWsq4 - is active in the field of tin with its Tellerhäuser project, which can already be described as advanced.
Tin One Resources - https://www.youtube.com/watch?v=JJHDhi8677c - takes care of tin projects in Tasmania and in New South Wales in Australia. At Tin One Resources Aberfoyle project, tin mineralization was discovered as early as 1916.
Current corporate information and press releases from First Tin (- https://www.resource-capital.ch/en/companies/first-tin-plc/ -).
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Datum: 13.09.2022 - 06:41 Uhr
Sprache: Deutsch
News-ID 667107
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